Lundgreens Capital | UK

Lundgreens Capital | UK


Lula’s call on rate cuts slow Brazil’s GDP

May 24, 2023

Brazilian President Luiz Inacio Lula da Silva has been attacking the independence and autonomy of the Banco Central do Brasil (BCB) amid the persistently high inflation. Lula said the current level of Brazil’s key policy rate at 13.75 percent was too high


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