There will be elections in Congress for the presidencies of the House and Senate this week, Congress and the Judiciary will resume activities on Wednesday, February 1, and the Central Bank will decide on the interest rate

BRAZIL POLITICS - Report 30 Jan 2023 by Murillo de Aragão and Cristiano Noronha

In the House, Arthur Lira (PP-AL) is running for re-election as president and, so far, there is no other viable candidacy. The race for the presidency in the Senate will be tougher than in the House. Rodrigo Pacheco (PSD-MG), who is seeking re-election, will face Rogério Marinho (PL-RN). Pacheco is in the lead. The Supreme Federal Court (STF) will also resume activities on Wednesday, February 1. The Monetary Policy Committee of the Central Bank (Copom) meets on Tuesday and Wednesday to decide on the basic interest rate (Selic), currently at 13.75%.

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