Labor unions protest against 13.75% interest rate
Labor union centrals held, on Tuesday (21), acts of protest against the interest rate set by the Central Bank (BC), which is 13.75% per year.In São Paulo, the group gathered in front of the bank's headquarters, on Paulista Avenue, and held a sardine barbecue. "The intention is to show that high interest rates fatten rent sharks, while for the people there are only sardines left," explained Miguel Torres, president of Força Sindical, in a statement.On Tuesday, the Monetary Policy Committee of the Central Bank (BC) holds its second meeting of the year to set the economy's basic interest rate, the Selic. The monetary tightening is expected to continue with the maintenance of the Selic at 13.75%, even with pressure from the federal government to reduce the rate. Copom's decision will be an...