The Workers’ Party (PT) does not like to “give a cow to not get into a fight”, as an old saying goes. The PT, in fact, arrives soon with the herd so as not to leave it so soon.
The number 1 enemy of the ruling party is Roberto Campos Neto, and he has no white flag capable of stopping the declared war on the Central Bank (BC) and its president.
If it is true that those who are silent, consent, the silence of President Luiz Inácio Lula da Silva (PT) about the BC or the interest rate last Tuesday (14) validates the renewed PT attacks, even after the speeches in a conciliatory tone by Campos Neto.
Balancing himself on top of the wall, the Minister of Finance, Fernando Haddad (PT), acts as a fragile but constant line to maintain some institutionality in the relationship between government and autarchy. The market was already closed, with the risk invoice already triggered, when Haddad stated that the inflation target is not on the agenda of the National Monetary Council (CME) meeting, which brings together the country’s main economic authorities and takes place tomorrow.
Rodrigo Pacheco (PSD), president of the Federal Senate, appeared as a referee, applauding Campos Neto and warning Lula that the BC’s independence is solid. The senator’s general message was that the President of the Republic, whether he likes it or not, will have to live with the inflation target and seek an “intelligent” solution.
For now, the PT leadership’s stance makes more noise — and only time will tell if it’s just a child’s tantrum at the mall or if it’s a choice of the new government.
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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.
