Greenvolt Accounts and 4 Other Things You Need to Know to Start Your Day – The Markets

At the request of the Bloco de Esquerda and the PCP, the Secretary of State for Finance, Joao Nuno Mendez, will be in Parliament this Wednesday. The official will be questioned about the Finance Ministry’s decision to suspend the previous series (E) of savings certificates, and launch a new one (F) with a lower maximum interest rate: 2.5%.

Greenvolt reports its results for the first quarter today. In 2022, the renewable energy company doubled its profits compared to the previous year, to 16.6 million euros.

One week after the North American Federal Reserve (Fed) announced a pause in raising interest rates in the United States and signaled maintaining a loose monetary policy, central bank chief Jerome Powell will be heard on Wednesday in the House Financial Services Committee – and tomorrow on the Senate Banking Committee.

A day before the Bank of England decides whether or not to raise the key interest rate again, British inflation figures for May are known. UK inflation hit 8.7% in April, marking the sharpest drop in the cost of living since the start of the crisis. In March, the British inflation rate was 10.1%.

The National Institute of Statistics releases agricultural forecasts for the year and prices for products in this sector in May. In April, the most important changes in the producer price index for agricultural products were observed in potatoes (88.7%), olive oil in bulk (75.6%), fresh vegetables (+29.2%), pork (27.9%) and eggs. (24.4%).