Pacheco says that a drop in interest rates in Brazil is "absolutely possible."
The president of the Senate, Rodrigo Pacheco, also stated that the drop in interest rates "is a desire of society, the productive sector, Congress, and the president-elect."
247 - The president of the Senate, Rodrigo Pacheco (PSD-MG), stated this Monday (8) that a reduction in the basic interest rate (Selic) by the Central Bank is “absolutely possible” and that the drop. Last week, the BC maintained the basic interest rate at 13,75% per year. It is the highest real interest rate in the world.
“We have a new government, a fiscal framework about to be approved, we have relative containment of inflation, our exchange rate is under control… I see it as absolutely possible to have a gradual reduction in the basic interest rate, obviously respecting the autonomy of the Central Bank,” said Pacheco during an event at the Federation of Industries of the State of São Paulo (Fiesp), according to the Metropolis.
He also stated that the drop in interest rates "is a desire of society, the productive sector, the National Congress, and the president-elect." "We all share the same goal of growing the economy and reducing unemployment rates," he emphasized later.