Brazil Reduces Selic to Lowest Level in Over Three Years
The Monetary Policy Committee however does not expect high reduction levels from now on due to political turbulence.
June 1, 2017Topic
Selic
Largest Interest Rate Cut in 8 Years Announced in Brazil
Brazil's Central Bank decided unanimously to reduce the Selic by one percentage point to 11.25 percent.
April 13, 2017
Brazil Reduces Selic by Another 0.75 Percentage Points
Brazil's benchmark interest rate now stands at its lowest level in almost two years.
February 23, 2017
Brazil Plans to Aggressively Reduce Interest Rates
Economists say, however, currencies of emerging markets may come under pressure with Trump in the White House.
January 19, 2017
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, 2017
Inflation Within Target in 2016 Says Brazil’s Central Bank
The last Quarterly Inflation Report for 2016 forecasts inflation at 6.5 percent, the upper limit of the established target. For...
December 23, 2016
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, 2016Brazil’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, 2016Brazil’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