Brazil’s President Rousseff Makes Bold Moves

Rousseff, a left-leaning economist who likes to make key financial policy decisions herself, is boldly wagering that Brazil is ready to turn the page.This year she plans to loosen decade-old rules on public spending; ensure that benchmark rates stay at their current record low of 7.25 percent, even if the economy accelerates; pressure banks into lending more; and force investors to accept lower returns on infrastructure projects and other investments.  Read

dilma_rousseff_1079845

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.