Leftist Economist Mello Gets Planning Job, Not Central Bank Post

Brazil’s new Planning Minister Bruno Moretti will name leftist economist Guilherme Mello as his deputy, removing him from contention for a seat on the central bank’s board and advancing a...

By Martha Viotti Beck, Mariana Durao · Bloomberg Markets

Brazil’s new Planning Minister Bruno Moretti will name leftist economist Guilherme Mello as his deputy, removing him from contention for a seat on the central bank’s board and advancing a shakeup of the federal government’s economic team ahead of elections, according to a person familiar with the matter.