Haddad May Join Lula's 2026 Campaign, Central Bank Rates Uncertain
Update: 2025-12-12
Description
Brazilian Finance Minister Fernando Haddad may join President Lulas 2026 re-election campaign, potentially stepping down from his current role. This possibility was discussed in a recent interview, with President Lula showing understanding. Meanwhile, Senator Flavio Bolsonaro, son of former President Jair Bolsonaro, has announced his candidacy, causing market ripples. Haddad also addressed delays in government appointments, assuring that new central bank directors will be chosen based on technical expertise. President Lula is expected to name his next two central bank choices next year, with interest rates likely to remain high until March.
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