Lula says that Campos Neto thinks he knows more in interest rate debate – 05/04/2023 – Market

President Luiz Inácio Lula da Silva (PT) returned this Thursday (4) to criticize the way in which the discussion on interest rates in Brazil is carried out. The representative said that “everyone here can talk about everything, they just can’t talk about interest” and sent a message to the president of the Central Bank, Roberto Campos Neto.

“As if one man alone could know more than the heads of 220 million people,” he said.

The statement comes one day after the Central Bank’s Copom (Monetary Policy Committee) maintains its strategy and maintains the basic interest rate (Selic) at 13.75% per year, in its first decision after the presentation of the new fiscal framework. by the Lula government.

The statement was made during the launch of the Economic Council for Social Development of the Executive, which has the participation of bankers, members of social movements, businessmen, influencers, among others.

The petista has been criticizing the country’s interest rate since the beginning of the government. This Thursday was no different.

“The federation, Fiesp, is very careful when talking about interest rates, the trade federation, too, the textile industry is very careful. Everyone has to be careful, nobody talks about interest rates”, he criticized.