08-February-2026
Economy News
 
Brazil's Debt Stabilization Hinges on Monetary Policy, Says Central Bank Contender
07-Feb-2026

Brazil's economic policy chief Guilherme Mello said on Friday that stabilizing the country's gross debt-to-gross domestic product ratio depends on monetary policy decisions, offering a glimpse of what he could support as a potential central banker. Mello made the remarks after Finance Minister Fernando Haddad revealed this week that he had recommended Mello to President Luiz Inacio Lula da Silva for a vacancy on the central bank's interest rate-setting board.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-06/brazils-debt-stabilization-hinges-on-monetary-policy-says-central-bank-contender