Brazil Finance Minister Haddad says he does not see much reason for real rates to continue rising as they have been
Importance
Level 1
- Public spending dynamic is concerning, fiscal framework parameters could be adjusted.
- Received indications that Tiago Cavalcanti and Guilherme Mello were willing to collaborate with Brazil in central bank roles.
- Structural reform for the FGC guarantee fund is being discussed following the Banco Master case.
- Met with Lula yesterday, he asked Haddad for a few more things before he leaves the ministry.
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