BRASILIA (Reuters) - Brazil's Senate Economic Affairs Committee (CAE) will not hold a confirmation hearing next week for the candidate chosen by President Luiz Inacio Lula da Silva to head the central bank, the committee’s chair said. "It can wait.

Brazil President Luiz Inacio Lula da Silva’s administration is in talks with the Senate head to hold the hearing for the next central bank governor in early September, according to local newspapers. Lawmakers plan on making a final push before the ...

Brazil central bankers are talking too much, including about a possible interest rate hike, and undercutting what would otherwise be a perfectly fine strategy of keeping borrowing costs steady to fight inflation,