New Brazil central bank chief sparks investor worry over economic policies and public debt.

Brazil's new central bank chief, Gabriel Galipolo, has raised concerns among investors due to his economic views, which sometimes diverge from free-market principles. His appointment under President Lula da Silva has sparked worries that the central bank's independence could be compromised, potentially affecting economic stability. Investors are especially concerned about Brazil's rising public debt, predicted to reach 81.7% of GDP by 2026.

3 months ago
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