Communication is an important tool of the Central Bank’s (BC’s) monetary policy — and the minutes of the Monetary Policy Committee (Copom), released this Tuesday morning (28), brings the authority seeking a balance in the dose of fanfare and nods to the government.
The BC, after all, seems to be in a corner, in which it cannot contradict itself and, at the same time, ignite even more the arm wrestling with the team led by President Luiz Inácio Lula da Silva (PT).
While the new fiscal rule is not presented, however, the demand for a solution to the economic problems will continue to fall on the autarchy. The proposal is expected to be announced this week, with the postponement of Lula’s trip to China due to a diagnosis of mild pneumonia.
Meanwhile, markets here and abroad are recovering from last week’s losses — offering a good window of opportunity to understand what will become of the public accounts and the direction of the country’s monetary policy.
Presented by Thais Heredia, the CNN Money it presents a balance of the news subjects that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.
*Posted by Tamara Nassif
Source: CNN Brasil
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