Free Trial

BRAZIL: Lula Says If Galipolo Wants To Hike Rates, That's Fine

BRAZIL
  • Comments from President Lula hitting the wires, saying that he's fine with the BCB's Galipolo, his new appointment to head the central bank, hiking interest rates if he sees the need.
    • “*BRAZIL'S LULA: CURRENT CENBANK CHIEF WORKS AS A POLITICIAN, NOT AS AN ECONOMIST”
    • “*BRAZIL'S LULA: NO EXPLANATION FOR CURRENT INTEREST RATE LEVEL IN BRAZIL”
    • “*BRAZIL'S LULA: IF ONE DAY GALIPOLO TELLS ME HE NEEDS TO HIKE RATES, THAT'S FINE”
    • “*BRAZIL'S LULA: GALIPOLO IS EXTREMELY COMPETENT”
    • “*BRAZIL'S LULA: GALIPOLO WILL HAVE AUTONOMY TO WORK” - Reuters

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.