What to expect from Roberto Campos Neto as head of Brazil’s Central Bank

Roberto Campos Neto

Today, economist Roberto Campos Neto will take over the reins of Brazil’s Central Bank. He will have big shoes to fill, replacing Ilan Goldfajn, a darling of the markets who is credited with taming inflation amid Brazil’s worst recession on record. Mr. Goldfajn oversaw the lowering of the Selic benchmark interest rate to its lowest point in history—and brought credibility back to the bank.

Mr. Campos Neto knows his predecessor set the bar high. He himself has deemed the Central Bank’s...

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