{
  "id": 17844568,
  "title": "OPINION. Interest by decree. Tears on deadline",
  "url": "https://urgent.news/2026/11/02/opiniao-juros-por-decreto-lagrimas-a-prazo",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-02T19:07:00.000Z",
  "source": {
    "name": "Brazil Journal",
    "slug": "brazil-journal",
    "url": "https://braziljournal.com/opiniao-juros-por-decreto-lagrimas-a-prazo"
  },
  "original_language": "pt",
  "account": "Economist André Lara Resende, one of the creators of Brazil's Real Plan, has proposed an idea to eliminate what he calls \"absurd interest rates\" in an article titled \"Eu Acuso: uma proposta para eliminar os juros absurdos\". He argues that Brazil's fiscal problem lies in high interest rates, not public spending, and suggests that a new council, the Conselho Fiscal e Monetário Nacional, would set targets for interest rates and inflation. Lara Resende's plan involves reducing the Selic interest rate to around 7.5% per year and using international reserves to prevent capital flight. The proposal has sparked debate, with some supporters and critics, including the Finance Minister, Dario Durigan, who has denied that the idea is being considered by President Lula.",
  "summary": "After the election, the market demands fiscal adjustment, the press describes a president who is not very willing to do so, and in this vacuum the most seductive idea of all thrives: to get out of the hole without cutting anything. The most recent version of this type of idea has an illustrious author and, for a few hours, seemed to have the doors of the Planalto open.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}