Brazil's Lula to keep monetary policy team for now

Brazil's incoming central bank chief Henrique Meirelles said on Thursday the government of President-elect Luiz Inacio Lula da Silva will avoid making drastic changes to the country's monetary policy team.

"Contrary to what many people expected, this government isn't going to make stark or ideological changes in the formation of the directors of the monetary policy team," Meirelles said in a news conference after meeting with outgoing bank president Arminio Fraga.

The former FleetBoston executi

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: