Selic

Brazil Increases Inflation Forecast for 2016 to 7.3 Percent

The country's Central Bank, however, calls for inflation to fall within established target in 2017 and 2018.

September 27, 2016

Economists See Greater Retraction in Brazil’s GDP in 2016

Survey shows GDP retraction reaching 3.20 percent this year and inflation above target at 7.34 percent.

September 5, 2016

Markets Up, Dollar Down During Brazil’s Rousseff Impeachment Trial

In addition to the impeachment trial the exchange rate and Brazilian bourse were also influenced by possible increases in US...

August 30, 2016

Brazil Markets Predict Economy to Grow 1.2 Percent in 2017

Financial institutions consulted by the Central Bank (BC) of Brazil reported that the projected growth of the Brazilian economy in...

August 22, 2016

Inflation Forecasts in Brazil for 2016 Rise Once Again

Inflation estimates rise slightly, while end-of-year GDP results remain negative and benchmark interest rate continue high.

June 27, 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

Inflation Forecasts for 2016 Continue to Ease in Brazil

Weekly Focus Report shows continuous decrease in inflation forecasts, but also deterioration in GDP growth.

April 11, 2016

Savings Accounts in Brazil Register Record Withdrawals

Savings accounts in January registered the largest overall net monthly withdrawal since 1995.

February 5, 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