Política monetária e seus efeitos na economia durante a pandemia de Covid 19 no Brasil

Abstract

This work aims to analyze the main monetary policy measures during the pandemic and the effects on the Brazilian economy, exclusively through monetary policies in this period. Transmission mechanisms are fundamental for policy control in times of crisis, from which he identified the monetary policy actions adopted during the pandemic. In this way, the collection of data and documents made available by the national financial institutions, which refers to the research analysis of the behavior of the level of economic activity, unemployment rate, inflation rate and fiscal indicator in this period. The final result of the research was a descriptive analysis of the data obtained, which takes into account the economic approach of transmission mechanisms, of which one of the conclusions, the fact that it is not an inflation of demand but of cost, in addition to the does not effectively combat inflation arising from the factor cost front, the main source of inflationary shocks in the Brazilian economy, makes the mechanism itself ineffective in combating inflation, thus not helping the country to mitigate the impacts in times of crisis.