Brazil Denies Plan to Cap Interest Rates
12 Articles
12 Articles
The ideas of economist André Lara Resende, who have been presented to President Luiz Inácio Lula da Silva as a possible agenda for his fourth term, concern members of the economic team due to the possible destabilizing impacts on the financial market even if in the end they will not be implemented. Lara Resende, considered one of the "fathers" of the Royal Plan, has defended a decrease of the Selic rate to 7.5% per year over 12 months to reduce …
Economist Lara Resende's proposal would be circulating within the government; petists deny
Minister of the Farm states that there is no discussion on Selic's tabulation or use of international reserves to avoid capital flight
Heterodox economists try to convince president that about half of the federal government's spending is paying high interest and that drastic cut would result in high investment. Read on Power360.
Between the fall in interest defended by Mercadante and the adjustment with credibility of Durigan, Lula, according to interlocutors, for now only listens
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
