Selic Brazil

President of Brazil’s Central Bank opposes revising inflation targets and lowering interest rates

The president of the Central Bank of Brazil, Roberto Campos Neto, ratified yesterday, Tuesday, his opposition to revising the inflation...

February 15, 2023

Brazil: Inflation forecast for 2022 drops once more to 5.71%

The financial institutions the Brazilian Central Bank (BC) heard in the Focus Bulletin reduced from 5.74% to 5.71% the forecast...

October 10, 2022

Real interest rates in Brazil to be 7.4% in 12 months, says Austin Rating

Real interest rates adjusted for inflation are expected to be 7.4% over the next 12 months.

September 26, 2022

JPMorgan joins banks forecasting Brazil’s interest rate at 14% or more

JPMorgan Chase & Co. (JPM) joined the banks that expect Brazil's benchmark interest rate to rise to at least 14%...

July 28, 2022

Brazil: Consumer Price Index rises 1.73% in April but remains below market expectations

The National Wide Consumer Price Index (IPCA-15), Brazil's official inflation indicator, accelerated in April and rose 1.73%, the highest

April 27, 2022

Brazil’s central bank president reaffirms plan to end cycle of Selic hikes in May

Central Bank President Roberto Campos Neto confirmed yesterday that the monetary authority plans to end the cycle of monetary tightening

March 25, 2022

Lending in Brazil increases in November despite deteriorating credit conditions

Credit conditions in Brazil worsened in November due to higher interest rates, Central Bank figures showed Tuesday,

December 29, 2021

Brazil’s Itaú bank sees “considerable chance” of benchmark Selic rate rising above 7.5%

The Central Bank has adopted a correct stance in indicating that the interest rate should be raised to a restrictive...

September 9, 2021

Fear of stagflation increases significantly in Brazil

Disappointment with recent indicators of the Brazilian economy has caused the market to rethink its forecasts. With local economic activity...

September 3, 2021