The government went back, on Tuesday (28), and increased the INSS payroll interest to 1.97% per month.
The confusion created by the Minister of Social Security, Carlos Lupi (PDT), had to be undone by President Luiz Inácio Lula da Silva (PT), who was left with the burden of having to raise the rate again after the suspension of operations, including by banks. public.
The solution did not please anyone, but it was enough to allow the return of concessions at Banco do Brasil, Caixa and Bradesco – and it is not over yet. A government work group is considering prodding banks with a “Good Practices Manual”, as the policy analyst at the CNN Caio Junqueira.
The episode adds to the clash between the government and the Central Bank, in the category of “self-imposed crises”. The minutes of the Monetary Policy Committee (Copom), released on Tuesday morning, did not provoke heated reactions, except from politicians without a seat in the government.
The BC prescribes “patience and serenity” to deal with inflation. Nothing guarantees that the attacks will cease, but the Minister of Finance, Fernando Haddad, chose to fight first for the announcement of the new fiscal rule.
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*Posted by Tamara Nassif
Source: CNN Brasil
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
