Tag: Brazil Central Bank

• Thursday, May 7th 2026 - 09:31 UTC

  Brazil central bank cuts Selic interest rate 25 points to 14.50%

  

  Brazil’s Central Bank following its two days meeting 28–29 April of the Monetary Policy Committee (COPOM) announced the reduction of its SELIC rate by 25 basis points to 14.50%.

• Wednesday, October 13th 2021 - 15:16 UTC

  Double digit inflation in Brazil spiked by increasing fuel and food costs

  

  Brazilian market analysts raised their forecasts for inflation and the Selic key interest rate for 2022 as increasing fuel and food costs plus resurgent demand for services are spiking prices as the pandemic seems to be coming to an end.

• Thursday, December 10th 2020 - 09:11 UTC

  Brazil central bank keeps interest rate at record low 2%, but admits scenario of inflation expectations

  

  Brazil’s central bank kept its key interest rate at a record low 2.00% on Wednesday, as expected, but gave the first sign it could soon drop its pledge to keep rates lower for longer as inflation expectations converge toward target.

• Wednesday, October 28th 2020 - 08:41 UTC

  Brazil's inflation outlook rises to 3%, spiked by food prices, Focus survey

  

  Brazil's 2020 inflation outlook rose to 3%, a central bank survey showed on Monday, the 11th week in a row it has risen as a recent spike in food prices continues to intensify short-term inflation pressures.

• Sunday, June 7th 2020 - 09:18 UTC

  Brazilian Real rebounding strongly after months of erosion; central bank forecasted to further cut Selic rate

  

  The Brazilian Real and Mexican peso have both rebounded strongly in recent weeks, but their rallies are starting to diverge with the peso running out of steam and the Real gaining momentum.

• Thursday, May 7th 2020 - 07:34 UTC

  Brazil lowers interest rates to a record low 3%, with suggestions of a similar cut in June

  

  Brazil’s central bank slashed interest rates more than expected on Wednesday, cutting its benchmark Selic rate by 75 basis points to a record-low 3.00% and previewing another cut as it battles an economic crisis fueled by the coronavirus pandemic.

• Friday, December 20th 2019 - 08:56 UTC

  Brazil central bank raises 2020 growth forecast to 2.2%

  

  Brazil’s central bank on Thursday raised its 2020 gross domestic product growth forecast to 2.2% in its quarterly inflation report from 1.8% previously but cautioned it was conditional on continued progress on economic reforms.

• Tuesday, October 1st 2019 - 09:03 UTC

  Brazil's national debt at a record high in August, 79.8% of GDP

  

  Brazil's national debt rose to the highest on record in August, central bank figures showed on Monday, driven by a combination of increased interest payments, higher borrowing and a weaker exchange rate.

• Tuesday, September 10th 2019 - 09:50 UTC

  August inflation in Brazil below target, with room for further rate cuts

  

  Consumer price inflation in Brazil was well contained in August, as forecast, reinforcing expectations of deeper interest rate cuts by the central bank as it tries to fire up economic growth.

• Wednesday, August 21st 2019 - 09:52 UTC

  Brazil tightens controls over money laundering and illicit financial activities

  

  The Brazilian government on Tuesday issued a decree moving the Financial Activities Control Board (Coaf), which monitors nefarious financial activity such as money laundering, into a new Financial Intelligence Unit under central bank control.