Skip to content
Politics
Economics

Bolsonaro Backs Central Bank Head Despite Inflation Concerns

  • Brazilian president upset about inflation, trusts Campos Neto
  • Consumer price gains near 9%, hurting Bolsonaro’s popularity
President Jair Bolsonaro, left, and central bank chief Roberto Campos Neto
President Jair Bolsonaro, left, and central bank chief Roberto Campos NetoPhotographer: Andres Borges/Bloomberg
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

President Jair Bolsonaro is growing uneasy about Brazil’s inflation in the run-up to general elections next year, but his complaints about rising prices don’t mean he plans to interfere with the central bank, according to five people close to him including cabinet members.