The Minister of Finance, Fernando Haddad, defended once more this Friday (19) the discount of the introductory rate of interest, Selic.
The minister mentioned the nation is able to begin a cycle of rate of interest cuts.
“We expect there’s room to begin a cycle [of rate cuts], however in the end there’s a technical crew there [at the central bank’s monetary policy committee] that has been shaped and that we are attempting to respect,” he mentioned.
He participated in an occasion promoted by the Central Financial institution.
In accordance with Haddad, the Treasury has already introduced knowledge to the Central Financial institution displaying that . . .
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