Galípolo says that the Central Bank will be a transatlantic ship in a year of uncertainty and avoids signaling the direction of interest rates
Brazil's Central Bank president, Gabriel Galípolo, indicated a cautious approach towards interest rate adjustments amid ongoing economic uncertainty, emphasizing the need for data before any decisions are made.
Dollar opens lower this Wednesday and follows the trend abroad
The dollar opened lower in Brazil, reflecting a decline in the U.S. currency against other currencies globally, as investors await insights from the Central Bank president.
Galípolo from the Central Bank speaks at a BTG Pactual event
Gabriel Galípolo, the president of the Central Bank of Brazil, announced new measures to enhance market supervision and improve the regulations of the Credit Guarantee Fund (FGC) following issues with Banco Master.
Galípolo says he thanks God for going through the Master case under Lula's presidency
Gabriel Galípolo expresses gratitude for navigating the Master case during Lula's presidency, emphasizing the autonomy of the Central Bank and Federal Police.
Gabriel Galípolo comments on the Master case
Brazil's Central Bank President Gabriel Galípolo noted that the Master Bank case has caused confusion regarding the legality of offering above-market yields, asserting that it alone does not justify a bank intervention.
Dollar opens slightly lower this Monday with investors awaiting event with Galípolo
The dollar opened slightly lower on Monday as investors awaited the participation of Central Bank President Gabriel Galípolo in a financial event.
Lula praises Galípolo but says he demands daily reductions in high interest rates
President Luiz Inácio Lula da Silva praised Central Bank president Gabriel Galípolo while also emphasizing the need for daily pressure to lower the current basic interest rate, which stands at 15% per year.
Lula's government released the grip on Galípolo
The Lula administration has made two moves to distance itself from Central Bank President Gabriel Galípolo amid ongoing investigations into a fraud scheme involving Banco Master, which suggests possible involvement of politicians and high officials.
Senator wants to bring Galípolo to a committee to explain the liquidation of Master
Senator Veneziano Vital do Rêgo has requested that Gabriel Galípolo, the head of the Central Bank, be invited to discuss the monetary authority's role in the liquidation of Banco Master, which was decreed by the Central Bank last year.