Lodi Valley News.com

Complete News World

Lula says he will go to the Senate to discuss “interest rates, inflation and growth” with Campos Neto, the head of the central bank

Pacheco will organize a symposium in the Senate to discuss the interest rate and the President said he will be present: “I think it’s important to be in the Senate that day.”

Roberto Campos Neto and Lula

Sputnik – Tensions have been running high between President Luiz Inacio Lula da Silva and the head of the Central Bank, Roberto Campos Neto, since the beginning of the PT’s term.

The necessary meeting between the federal government and the central bank will not be a simple dialogue. In the coming weeks, the president of the Senate, Rodrigo Pacheco, will promote a public event in the Chamber of Deputies to discuss the issue with Campos Neto, and according to Vega magazine, Lula’s eyes “should have lighted up” when he heard about the event.

>>> Congress and the financial markets are reacting well to Haddad’s new fiscal rule

The president was quoted by the media as saying, “I’m going. I think it’s important to be in the Senate that day.”

Follow up on recommendations

The representative told Pacheco that he would go to the plenum to discuss with the central bank chief “interest rates, inflation and economic growth.” In the same conversation with Pacheco, government ministers, and Senate leaders, Lula asked for commitment in the fight for lower interest rates.

>>> The floor for public investments is one of the main points of Haddad’s plan

The federal government and central bank are fighting over Brazil’s key interest rate, which currently stands at 13.75%, the highest rate in the world, according to G1.

See also  cash with payments of up to R$1,000 via mobile in 2021; I know how

In a decision taken last week, the financial institution independent of the government decided to keep the rate, again targeting criticism from the executive branch and the Ministry of Finance.

Knowledge is liberating. I want to be a member. Follow us cable.