Lula Puts an Ally on Track to Lead the Central Bank He s Fought bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) If President Luiz Inacio Lula da Silva gets his way, Gabriel Galipolo will be the next head of Brazil’s central bank. For now, he will have to settle for having Galipolo as his most important delegate inside the monetary authority he has raged against since taking office in January.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeStocks Stumble as Traders Turn to Payroll Data: Markets WrapUkraine Has Caught Up With Russia’s Tank Numbers, Data
(Bloomberg) Major banks like JPMorgan & Chase Co, Santander and Itau now project that Brazil’s central bank will deliver its first interest rate cut in September, two months earlier than they previously forecast.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementCrispin Odey’s One-Week Downfall Was Decades in the MakingAlphabet Selling Google Domains Assets to SquarespaceSocial Security