Brazil markets await Lula fiscal signal to cut Selic from 13.75%
Published 2 h ago4 sourcesEvidence: Reported
BCB President Galípolo publicly denied reports he would leave to head the Finance Ministry, reaffirming his commitment to serve until 2028. The denial aims to quell market speculation about a leadership vacuum at the central bank, which could otherwise unsettle Brazilian assets. Uncertainty persists over his future and the bank's policy direction amid election-year noise.
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