A person walks in front of the Central Bank of Brazil headquarters building in Brasilia, Brazil December 17, 2024. REUTERS/Adriano Machado
A person walks in front of the Central Bank of Brazil headquarters building in Brasilia, Brazil December 17, 2024. REUTERS/Adriano Machado
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Business & Economy

Three of Brazil's nine central bank seats to be empty at policy meeting

SAO PAULO, April 28 (Reuters) – Brazil’s central bank said on Tuesday that director Rodrigo Alves Teixeira will not attend this week’s monetary policy meeting due to the passing of a relative.

Teixeira’s absence means only six board members will vote on the country’s next interest rate decision, scheduled to be unveiled on Wednesday.

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Brazil’s monetary policy committee typically has nine members, but President Luiz Inacio Lula da Silva still has two pending nominations after the terms of former directors Diogo Guillen and Renato Gomes expired in December, leaving their seats vacant.

(Reporting by Gabriel Araujo)

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