Gleisi Hoffmann criticizes Folha de S. Paulo over economic coverage

Brazilian Federal Deputy Gleisi Hoffmann has publicly criticized the newspaper Folha de S. Paulo, accusing it of practicing “fiscal terrorism” in its coverage of the national economy. Hoffmann, a leader of the Workers' Party (PT), took to social media to contest the publication's editorial stance regarding interest rates and government spending.

The deputy alleged that the newspaper is promoting an economic agenda that favors the financial market by advocating for austerity measures and cuts to social programs. Hoffmann claimed that the publication is effectively pushing for a recession by insisting that the only way to lower interest rates is through the reduction of government investments that were part of the platform elected by the population.

While criticizing the newspaper's main editorial line, Hoffmann noted that she found value in the work of the newspaper's ombudsman, Alexandra Moraes, and an opinion piece by businessman Josué Gomes da Silva, both of whom she suggested offered more balanced perspectives on the debate surrounding interest rates.