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Brazil’s Central Bank Chief Defends “Hot Economy” View Amid Wider External Gap

Summary by The Rio Times

Brazil’s new central bank chief, Gabriel Galípolo, used a São Paulo forum to send a blunt message: the economy is still running hot. He pointed to a tight labor market and a wider current-account deficit as evidence of strong domestic demand rather than hidden weakness. Arguing that to doubt the jobs picture is to “deny […]

2 Articles

2 Articles

Brazil’s Central Bank Chief Defends “Hot Economy” View Amid Wider External Gap

Brazil’s new central bank chief, Gabriel Galípolo, used a São Paulo forum to send a blunt message: the economy is still running hot. He pointed to a tight labor market and a wider current-account deficit as evidence of strong domestic demand rather than hidden weakness. Arguing that to doubt the jobs picture is to “deny […]

6 hours ago·Brazil

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Data so Far Does Not Indicate an Abrupt Slowdown in the Economy, Says Galípolo

The president of the Central Bank highlights that several metrics show that, in fact, the economy is resilient, especially the labor market.

7 hours ago·Brazil

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Globo broke the news in Brazil 7 hours ago on Monday, October 6, 2025.

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Stories disproportionately reported by the Left or the Right

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