Author: Latin America News
Publish date: 2023-05-20 07:32:11
www.riotimesonline.com
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The Minister of Finance, Fernando Haddad, defended again this Friday (19) the reduction of the introductory interest rate, Selic.
The minister said the country is ready to start a cycle of interest rate cuts.
“We think there is room to start a cycle [of rate cuts], but ultimately there is a technical team there [at the central bank’s monetary policy committee] that has been formed and that we are trying to respect,” he said.
He participated in an event promoted by the Central Bank.
According to Haddad, the Treasury has already presented data to the Central Bank showing that . . .
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