Futures rates of interest began excessive this Thursday, Jan. 19, after criticism from president Luiz Inácio Lula da Silva (PT, progressive-globalist) to the independence of the Central Bank (BC) and the present inflation goal, outlined by the National Monetary Council (CMN).
In an interview with GloboNews, Lula questioned the aim of an impartial Central Bank “if inflation and rates of interest are the best way they’re” and in addition declared that the inflation goal for this yr (3.25%, probably reaching 4.75%) is exaggerated and forces a “squeeze” on the financial system with rate of interest will increase.
In 2022, inflation closed at . . .
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