Why? Because that's exactly what a lot of people were pressuring the government for. Even the Ministry of Finance was studying it, and he said it wouldn't happen. The big difference is that today Lula didn't attack the Central Bank. That's the truth, he didn't beat Campos Neto, he didn't beat the Central Bank, he didn't beat the interest rate. And then people say, “Oh, that could show that he's changed.” And he hasn't changed his mind about anything, for God's sake. It's just that there's this thing about appearances. Leonardo Sakamoto, UOL Columnist
What helped the dollar decline today is the silence. [de Lula] This widespread hypocrisy [do mercado] I thought things had changed, but they hadn't. There was just silence. Leonardo Sakamoto, UOL Columnist
Sakamoto says the president's criticism will continue, even if he stops there.
Does criticizing interest rate and exchange rate policy, and not taking action to close public accounts, create uncertainty among investor groups about the future of monetary policy? Yes, ready. Everyone knows this. But what also happens is that on top of all that there are crazy people [do mercado] Who wants gravel Some speculators are irresponsible investors, salivating over Lula's daily statements in an attempt to make a profit. Leonardo Sakamoto, UOL Columnist
There are those who expected Lula to attack interest rates or the central bank or Campos Neto and benefit from it. Currencies around the world have fallen against the dollar, for a number of reasons. Real, GDP is up, incomes are up, unemployment is down, inflation is under control and nothing indicates that it will get out of control (…) You didn't have that justification. Leonardo Sakamoto, UOL Columnist
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Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.