Brazil's Lula criticizes central bank after rate decision
- Economy
- Reuters
- Published Date: 09:01 | 23 March 2023
- Modified Date: 09:01 | 23 March 2023
Brazilian President Luiz Inacio Lula da Silva on Thursday again criticized the country's central bank saying he sees no explanation for the high level of interest rates.
On Wednesday, Brazil's central bank kept interest rates unchanged at 13.75% for the fifth consecutive policy meeting, pointing out rising inflation expectations.
OTHER ECONOMY NEWS