Galípolo Compares High Interest on Medicine and Defends BC's Action Against Inflation
14 Articles
14 Articles
Gabriel Galípolo, president of the Central Bank, compared the monetary authority to a doctor responsible for treating a specific disease, inflation, and who needs to consider the risks of not taking action. The Central Bank takes care of a specific disease called inflation, said, during an event promoted by the Brazilian Exchange Association (Abracam), in São Paulo. Exclusive material for subscribers. To have full access, access the link of the …
The president of the BC compared the entity to a doctor
The president of the Central Bank, Gabriel Galípolo, compared on Tuesday the action of the monetary authority in the fight against inflation to the administration of a horse sickness, whose side effects are considered less harmful than allowing the disease to advance. The statement was made during the ABRACAM Speech 2026, event of the Brazilian Exchange Association (Abracam), [...] The post Galípolo defends the action of the BC against inflation…
Gallípolo explains why the issuance of the public debt in reals does not guarantee lower interest rates and highlights the weight of foreign exchange risk and credibility.
The President of the Central Bank, Gabriel Galípolo, said on Tuesday that the level of long-term interest in the country is related not only to the risk associated with the ability to carry out reforms and setting standards, but also to issues of credibility, which can generate exchange rate shocks with effects for many years.
To issue almost all the public debt in reals is not enough to free Brazil from the recovery of high interest by investors. The evaluation was made on Tuesday, 10, by the president of the Central Bank, Gabriel Galípolo, during an event promoted by the Brazilian Exchange Association (Abracam). The fact that you can name your debt in...
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