The Minister of Finance, Fernando Haddadrepeated this Tuesday (7) consider that the Selic rate It is “excessively restrictive,” but has pondered that it makes these observations in order to “help.” He participated in the program Bom Dia, Minister, EBClinked to the government.
“I have said that, in my opinion, the interest rate is excessively restrictive. Is this a disrespect to the Central Bank? No, the Central Bank has his work, and I have an institutional respect, regardless of who the president is,” said the minister.
Haddad recalled that the head of the monetary authority, Gabriel Galipolo, was the executive secretary of the farm in his management, and was nominated for the BC with his endorsement. “There is no problem two civilized people talk, and converge or not, on certain topics,” he said.
According to the minister, the farm is legitimate to give an opinion on the subject. In addition, the BC already consults a lot of information to make its decisions. In Haddad’s assessment, the more information there is, the better the decisions that the monetary authority will be able to make.
“The role of the farm is to make the information of the economy we are seeing,” he said.
“Our obligation, even, is to get this information to the committee that defines the Selic rate, and we are doing our work. The decision is theirs, but our role is to increase the flow of information so that decisions are as technical and beneficial as possible.”
