Brazil may shelve central bank autonomy idea

Brazil's government, headed by President Luiz Inacio Lula da Silva, is likely to shelve plans for increased central bank independence this year, after renewed investor confidence following last year's programme of economic austerity.

Leftwingers within Mr Lula da Silva's Workers' party (PT) oppose granting the central bank more autonomy, and its leaders want to avoid another round of internal strife after controversial reforms last year.

"It's a highly ideological issue and I don't see it on the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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 individual account