Congress returns to work, two new presidential polls are scheduled to be published, and the Central Bank to make a decision on the interest rate

BRAZIL POLITICS - Report 02 Feb 2022 by Murillo de Aragão and Cristiano Noronha

A statement from the Executive Branch will be read, highlighting its priorities for the year. On Thursday, Rodrigo Pacheco should meet with party leaders to discuss the agenda for next week. The possibility that the government could set the IPI tax rate to zero for all products generated negative repercussions in the market. The two new polls to be released were conducted between January 27 and February 1 – after the beginning of the Auxílio Brasil payments in the amount of R$ 400. They may reflect an improvement in the government’s popularity. The Central Bank is expected to increase the interest rate to 10.75% per year.

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