Brazil election rivals offer competing cures for high long-term interest rates
Advisers for Lula and Flavio Bolsonaro back rival fixes as Brazil pays about 7.5% real rates on 2045 bonds, stoking fiscal concerns.
4 Articles
4 Articles
Brazil election rivals offer competing cures for high long-term interest rates
BRASILIA, Aug 25 (Reuters) - Brazil's presidential campaigns are clashing over how to bring down long-term interest rates, with advisers to the leading candidates offering sharply different prescriptions for reducing borrowing costs across the economy....
Forbes, the world's most renowned business and economic magazine. Analysts are skeptical about the ability of any candidate to control Brazil's public finances The post Campaigns of Lula and Flavio Propose Divergent Solutions for Long Term Interest Rates Elevated appeared first in Forbes Brazil.
In view of the presidential elections of October 4, the teams of Luiz Inácio Lula da Silva and Flavio Bolsonaro put forward opposing strategies to reduce Brazil's high interest rates.
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