COPOM Reduces Selic by 0.75 Percentage Points in Brazil
Brazil's benchmark interest rate now stands at 13 percent, the lowest level since April of 2015.
January 12, 2017Topic
Copom
New Report Forecasts Over Three Percent Drop in GDP for Brazil
GDP growth should be less than previously forecast, inflation to remain over the center of the target and benchmark interest...
December 5, 2016
Brazil’s Central Bank Reduces Benchmark Interest Rates
This is the second consecutive reduction of the country's interest rate by the country's Monetary Policy Committee.
December 1, 2016 Brazil’s Central Bank Cuts Selic to 14 Percent/Year
According to Copom members the reversal of the upward trend of food prices was more favorable than previously anticipated.
October 20, 2016
Brazil Maintains its Benchmark Interest Rate Unchanged
For the seventh consecutive meeting, the Monetary Policy Committee (COPOM) decided to leave the benchmark interest rate (Selic) unchanged at...
June 9, 2016
Economists Reduce Selic Interest Rate Forecast in Brazil for 2016
Financial institutions surveyed for the weekly Focus Report decreased their forecast for the benchmark interest rate from 15.25 percent to...
January 25, 2016
Brazil’s Real Plunges to Lowest Rate Since its Creation
The Central Bank’s decision to maintain the country’s benchmark interest rate as well as volatility in foreign markets contributed to...
January 22, 2016
Brazil’s Central Bank Maintains Selic Interest Rate
Brazil's decision to maintain the Selic at 14.25 percent was criticized by several workers’ unions.
January 21, 2016
Central Bank in Brazil Forecasts 2016 Inflation Above Target Ceiling
According to financial institutions surveyed by the Central Bank, inflation in 2016 is likely to reach 6.64 percent.
November 23, 2015