The interest rate impasse in Brazil: What could change the Central Bank's mind?

The interest rate impasse in Brazil: What could change the Central Bank's mind?

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President Lula has been publicly attacking the Central Bank's monetary policy in an attempt to convince voters that the government is not responsible for the slowdown in the Brazilian economy, but central banker Roberto Campos Neto is. Despite Lula's intimidation, the Central Bank kept the rate at 13.75 percent. Editor-in-chief Gustavo Ribeiro and deputy editor Fabiane Ziolla Menezes explain how the decision may affect the Brazilian economy. #BrazilThisWeek goes #live this ???? Thursday at 6 PM (Brazilian Time)????on Twitter (@BrazilianReport), YouTube (TheBrazilianReport) and Facebook (TheBrazilianReport).

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