Brazil's Finance Minister Hints at Future Plans

Fernando Haddad, Brazil's Finance Minister, has hinted at a possible resignation in a recent interview with O Globo. His departure could pave the way for him to play a key role in Luiz Inacio Lula da Silva's 2026 presidential campaign.

Haddad's Future Plans

• Haddad has no intention of running for office himself.
• He wants to shape Lula's campaign strategy.
• His exit is not yet finalized, but Lula is open to the idea.

Lula's 2026 Presidential Bid

• Lula, now 80 years old, plans to run again.
• The biggest question remains: Who will challenge him?

Bolsonaro's Son Enters the Race

• Flavio Bolsonaro, son of ex-President Jair Bolsonaro, has announced his candidacy.
• The news shocked the markets.
• Tarcisio de Freitas, the governor of São Paulo, supports Bolsonaro’s son and is seen as more market-friendly.

Government Hiring Delays

• Haddad criticized the slow pace of filling key positions.
• The political climate is causing delays.
• Vacant roles include:
• Central Bank
• Securities regulator (CVM)
• Latest Supreme Court vacancy

Central Bank and Interest Rates

• Haddad assured that central bank picks will be based on merit, not politics.
• Lula is already consulting potential candidates.
• No timeline has been given for filling these roles.
• The central bank kept interest rates at 15%.
• Rate cuts may happen in January or March, but no official decision has been made.