Rate Cut in Brazil – Currency Thoughts
Rate Cut in Brazil
April 30, 2026
One economy where there has been an interest rate change involves the Brazilian Selic rate, which was sliced yesterday by 25 basis points to 14.5%. An initial easing of 25 bps had also been done in March, prior to which the Central Bank of Brazil‘s rate had stayed at 15.0% since last June. Considering that CPI inflation is at 4.14%, Brazil’s monetary stance remains very caution in light of uncertainty related to the war in Iran and U.S. tariff policy.
Copyright 2026, Larry Greenberg.
Tags: Central Bank of Brazil
ShareThisYou can leave a response, or trackback from your own site.
Leave a Reply
You must be logged in to post a comment.
