(Bloomberg) Brazil’s central bank cut its benchmark interest rate by half a percentage point for the second straight time and signaled it will keep the same pace of monetary easing at least through year’s end.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsIt’s Going to Be More Expensive to Visit IcelandThe bank lowered the Selic to 1
President Luiz Inácio Lula da Silva's government implemented measures to reactivate consumption that strengthened the Brazilian economy. Facts and surprises.
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