Galípolo

Brazil Continues Interest Rate Increases Under New Central Bank Head Galípolo

3 months ago

Brazil's monetary policy landscape is shifting markedly as the newly appointed Central Bank president, Gabriel Galípolo, prepares to extend interest rate hikes in a bid to combat persistent inflation. Under the previous leadership, Brazil maintained a tight grip on inflation rates through aggressive interest rate policies, and the new administration appears committed to a similar strategy.

Brazil's Galípolo Reveals Policy Flexibility Granted by President Lula

7 months ago

In a significant revelation regarding Brazil's economic strategy, Daniel Galípolo, the new head of the country's economic policy department, stated that President Luiz Inácio Lula da Silva has empowered him with considerable freedom in devising and implementing policy decisions. This reassurance from Lula is seen as crucial as Brazil navigates a complex economic landscape marked by high inflation and slow growth.