Lula to Reaffirm Fiscal Discipline in TV Address
Brazilian President Lula da Silva will deliver a televised address to recommit to budget discipline without detailing specific policies. Markets remain watchful as investors await clarity on his economic team.
Brazil's reelected leader Luiz Inacio Lula da Silva will deliver a televised address on Sunday to recommit to budget discipline without detailing policy measures. Two sources with direct knowledge said the speech will set out broader economic priorities for the new term starting in January. The address comes as local assets face intense pressure following the October 25 election.
