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Brazil Inflation Eases Ahead of Rate Decision; Lula Cuts Fuel Taxes
La RepúblicaLO·BR·3 days ago
Brazilian President Lula publicly compared inflation under his administration to that of his predecessor, while acknowledging food prices remain high. He also made a critical remark suggesting Flávio has a 'secret plan' for fiscal adjustment, signaling potential political friction over economic policy. The statement is domestic political rhetoric with no immediate policy change, but it hints at upcoming fiscal measures.