Roberto Neto on inflation
From 🔴 Campos Neto ao vivo: Presidente do BC fala sobre taxa Selic e inflação em audiência no Senado · · UOL
“a gente tem uma falácia de inflação que às vezes atinge o governo, que ela gera um sentimento benéfico no curto prazo, mas gera um sentimento muito maléfico e uma destruição, principalmente da camada mais baixa no longo prazo. O governo tem uma sensação de conforto porque a inflação mais alta, como a arrecadação nominal sobe um pouco, a sua arrecadação aumenta.”
On , Roberto Neto, President at Central Bank of Brazil, spoke about inflation during 🔴 Campos Neto ao vivo: Presidente do BC fala sobre taxa Selic e inflação em audiência no Senado on UOL.
About Roberto Neto
In a March 2024 podcast conversation with his successor Gabriel Galipolo, former Central Bank of Brazil president Roberto Campos Neto discussed his tenure and the transition of leadership. He stated that he would not accept reappointment and aimed for a smooth transition. Campos Neto noted that the Central Bank was criticized both for not cutting interest rates enough and for cutting them too much, and he remarked that the bank likely did the right thing. He also highlighted innovation, such as the PIX payment system, as a factor that put Brazil at a differentiated level internationally, and advised that it is important to maintain close relations with Congress because most Central Bank changes become legislative bills. Regarding cryptocurrencies, he said that decentralized finance is accelerating and forcing banks to approach the sector differently. In a March 2026 interview, Campos Neto, now Vice-Chairman of Nubank and global head of public policy, analyzed the impact of a war in Iran on interest rates and investment in Brazil. He stated that the world is so indebted that governments have less room to implement countercyclical policies, and that governments face more problems with fewer degrees of freedom. He also noted that in the United States, the non-bank financial intermediation sector is large and that large credit managers are beginning to freeze redemptions.