Brazil’s Campos Neto: markets show less fear of Lula win
Presidential candidate reported to have embraced central bank independence
The governor of Brazil’s central bank, Roberto Campos Neto, suggested that markets were growing calmer about the possible return of former president Luiz Inácio Lula da Silva to office.
The governor’s comments came the same day that Reuters reported Lula now supported maintaining the independence to the central bank.
In an interview with O Globo, Campos Neto said: “In market prices, what we have seen most recently is an elimination of various prices that display the risk of the passage of one
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