Brazil’s Supreme Court expected to confirm law establishing Central Bank’s autonomy

The case will be judged through an online session with no public discussion. The Justices have seven days in which to cast their vote, starting this Friday.

RIO DE JANEIRO, BRAZIL - The Federal Supreme Court (STF) should confirm the law passed by Congress establishing the Central Bank's autonomy, contested in a lawsuit brought by opposition parties and recently supported by the Attorney General, Augusto Aras, three sources with knowledge of the matter said.

STF Chief Justice Fux met last month with Central Bank president Roberto Campos Neto, who urged the maintenance of the passed law. The case will be judged through an online session - when the Justices vote remotely, with no public debate - that will begin Friday and run for the next 7 days.

The lawsuit . . .

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