Brazilian politicians launch legal action against Campos Neto

Allies of president escalate pressure on central bank as policy-makers opt to hold rates

Roberto Campos Neto, Central Bank of Brazil
Roberto Campos Neto, Central Bank of Brazil
Raphael Ribeiro/BCB/Flickr

Senior officials from Brazil’s ruling party have launched legal action against central bank governor Roberto Campos Neto, as tensions grow over the stance of monetary policy.

Politicians from the Workers Party (PT) of president Luiz Inácio ‘Lula’ da Silva accused Campos Neto of politicisation and called on the courts to bar him from making political statements.

Legal documents published by the PT quote media reports alleging Campos Neto signalled he would accept a role in a potential government

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.