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Lula Puts an Ally on Track to Lead the Central Bank He's Fought

(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 ....

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Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High

(Bloomberg) Brazil’s central bank kept its key interest rate unchanged at a six-year high and refrained from signalling any imminent cut despite a growing campaign for looser monetary policy championed by President Luiz Inacio Lula da Silva, business leaders and politicians.Most Read from BloombergTitanic Vessel Search Area Expands; Noises Can’t Be IdentifiedChina Says Biden Calling Xi a Dictator Is ‘Provocation’These Are World’s Most Expensive Cities for High-Class LivingHedging Failure Expo ....

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Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High

(Bloomberg) Brazil’s central bank kept its key interest rate unchanged at a six-year high and stopped short of endorsing imminent reductions, frustrating a growing campaign for looser monetary policy from President Luiz Inacio Lula da Silva, business leaders and top politicians.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowTitanic Sub Crew Presumed Dead After Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Debris Found Near ....

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