Lula, Brazil Central Bank Chief Agree to Improve Dialogue

  • Campos Neto received by Lula for first time after tensions
  • Meeting is a sign of improving relations between both men
Luiz Inacio Lula da SilvaSource: Bloomberg
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President Luiz Inacio Lula da Silva and central bank chief Roberto Campos Neto agreed to talk more often during a much-anticipated meeting at the presidential palace, their first face-to-face encounter following months of tension between Brazil’s leftist leader and the monetary authority.

Finance Minister Fernando Haddad, who participated in the meeting late Wednesday, said they had a “friendly and productive conversation” and that Lula told Campos Neto he will respect the central bank’s constitutional autonomy.