Brazil: Opposition now has Arminio Fraga

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Arminio Fraga, president of Brazil’s central bank from 1999 to 2002 under the Fernando Henrique Cardoso administration, is now back in the game: Brazil Ex-Insider Returns to Help Oust President With slow growth and high inflation hurting Brazilian President Dilma Rousseff’s chances of winning a second term, former central banker Arminio Fraga joins the opposition to persuade voters that Brazil needs a new economic steward. Mr. Fraga appears to be positioning himself as something of an inflation whisperer. . . .

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