Lula says Galipolo will set the interest rate, but it needs time

Lula says Galipolo will set the interest rate, but it needs time


According to the president, the president of the BC could not enter and give a wooden horse: “We have to be careful not to have a trumpet”

The president Luiz Inácio Lula da Silva He said it is necessary to “give time” to the president of Central bank, Gabriel Galipoloso that the interest rate decreases in the coming months. In an interview with Radio Diário FM, Di Macapá, Wednesday 12, repeated that it is not possible to expect a “stick horse” and an immediate drop, blaming the predecessor, Roberto Campos Neto, for the last tops.

“I am sure that Gabriel Galipolo will fix the interest rate in this country. We have to give him the time necessary to do things. He could not enter and give a wooden horse. People do not have a bump,” he said.



Lula said that Campos Neto “was a citizen who had a very anti-Brazilian behavior in the central bank”.

“He always spoke badly by Brazil, he was discredited to entrepreneurs, including abroad. He was committing and increasing the interest rate,” he said.

The president said that “Galipolo will go to history as the best president that the BC has ever had in its history, is very intelligent, very capable and very Brazilian”.

Source: Terra

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