Lula da Silva Initiates Hearings on Brazil's Central Bank

Brazilian President Luiz Inacio Lula da Silva is planning to hold hearings regarding the activities of the country’s central bank in September. This decision comes in response to criticism of the monetary policy implemented by the regulator and the increasing public dissatisfaction regarding inflation levels and loan interest rates. Lula has repeatedly expressed his concern about the independence of the central bank, arguing that its financial sector policies should be more balanced and focused on economic growth.

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