New directors of the Central Bank, Gabriel Galípolo and Ailton Aquino take office this Wednesday

[ad_1]

Appointed by the Lula government, they assume positions in time to participate in the next Copom meeting, the committee responsible for defining the basic interest rate. Montage with photos of Gabriel Galípolo and Ailton de Aquino Santos, new directors of the Central Bank Pedro França/Agência Senado The new directors of the Central Bank, Gabriel Galípolo and Ailton Aquino, take office this Wednesday (12), at 10 am, in a ceremony at BC headquarters in Brasília. With that, they will carry out the positions. Aquino will head the Supervisory Board, and Galípolo will be the new Monetary Policy director. Both were already nominated by the government of President Luiz Inácio Lula da Silva (PT), which published the nominations last Friday (7), after the approval of the names by the Senate. Galípolo was executive secretary of the Ministry of Finance, and was appointed to the BC amid government criticism of maintaining the basic interest rate, the Selic, at 13.75%. The threshold has been in effect since 2022 and is the highest since 2017. Taking office on Wednesday (12), Galípolo and Aquino will participate in the next meeting of the BC’s Monetary Policy Committee (Copom), responsible for setting the rate Selic. The Copom is made up of the president of the Central Bank, Roberto Campos Neto, and the institution’s board of directors. The next meeting will be held on the 1st and 2nd of August. The expectation is that the basic interest rate will be reduced. Senate approves names nominated by Lula to the Central Bank board

[ad_2]

Source link