Brazil’s Campos Neto calls for independent central bank

Central Bank of Brazil

The new governor of the Central Bank of Brazil, Roberto Campos Neto, called for the central bank to be granted formal independence in his inaugural speech on March 13.

“An autonomous BC [central bank] would be better prepared to consolidate the gains and make room for the new advances that the country so badly needs,” said Campos Neto.

During the presidential campaign ahead of elections in October 2018, president Jair Bolsonaro promised to grant the central bank formal independence as part of

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