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Campos Neto Affirms That Liberal Economists Are In Favor of the Lowest Possible Intervention in Prices

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Central Bank President Roberto Campos Neto said on Friday that “obviously” liberal economists believe in markets with the least possible intervention when questioned about artificial price controls, but noted that he was not talking about the specific case.

“About Petrobras, I’m in BC. I have no comment,” he told reporters in New York after the state’s decision to back down in the price of diesel after President Jair Bolsonaro’s request.

Campos Neto also said that the government wants a greater connection with the foreign investor, evaluating that there is a lack of a “focal point” of the government in Brazil to carry out this interlocution.