Kim Kataguiri: For many years, the government blamed Roberto Campos Neto for the high interest rates.
Kim Kataguiri: But now, Gabriel Galipo was appointed by Lula himself.
And the Central Bank's board was appointed by Lula.
Kim Kataguiri: And the Selic rate remains at 14.25%.
Kim Kataguiri: The government puts its foot on the accelerator of stimuli and the Central Bank brakes to try to contain inflation.
