Brazil central bank chief says market fears over Lula easing -newspaper – Reuters Canada

A man walks in front the Central bank headquarters building in Brasilia, Brazil October 4, 2021. REUTERS/Adriano Machado
BRASILIA, Feb 14 (Reuters) – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da Silva in this year's presidential race, according to remarks in an interview publish on Monday.
When asked if a victory of the left-wing leader was already priced into financial markets, Campos Neto told an O Globo columnist that some market prices were showing an "elimination" of the risk of a government transition.
"It means that the market has become less afraid of passing from one government to another. This is what we can interpret. Because probably a government that represented a risk of more extreme measures is moving to the center. This is our interpretation from what we capture in market prices," he said, according to the columnist.
The central bank did not immediately respond to a request to verify the quotes.
Lula, a leftist former union leader and president from 2003 to 2010, holds a healthy lead in opinion polls over right-wing President Jair Bolsonaro ahead of the October election.
In the remarks published to the O Globo website on Monday ahead of an airing of the interview on TV channel Globo News, Campos Neto also highlighted the importance of a law shielding the central bank from presidential influence.
Under the law approved last year, Campos Neto will remain in charge for at least two years of the next four-year presidential term.
Last month, Lula also played down concerns about traditional left-wing concerns about central bank independence, saying that the institution had to be committed to Brazil, not to him. read more
The former president's more conciliatory stance led some investors to bet on more pragmatic economic policies under a possible Lula government, helping to draw a surge of financial inflows to Brazil so far this year. read more
Our Standards: The Thomson Reuters Trust Principles.
The United States will provide nearly $376 million in new humanitarian aid to vulnerable Venezuelans, including Venezuelan refugees and migrants and their host communities, U.S. Secretary of State Antony Blinken said on Thursday.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2022 Reuters. All rights reserved


Removido Denacop após 2 paragrafo:

O que você acha?

Deixe um comentário

O seu endereço de e-mail não será publicado.

GIPHY App Key not set. Please check settings