After Lula’s criticism of central bank independence, future interest rates skyrocket
Futures interest rates started high this Thursday, Jan. 19, after criticism from president Luiz Inácio Lula da Silva (PT, progressive-globalist) to the independence of the Central Bank (BC) and the current inflation target, defined by the National Monetary Council (CMN). In an interview with GloboNews, Lula questioned the purpose of an independent Central Bank "if […]