Country: BR | Published: 2026-09-18
Brazil's central bank continues its easing cycle, cutting the Selic for a fifth straight time while using currency swap auctions to support the real. The government's welfare payme
Brazil's central bank continues its easing cycle, cutting the Selic for a fifth straight time while using currency swap auctions to support the real. The government's welfare payment increase ahead of the October election keeps fiscal credibility questions in play, and diplomatic friction with the US over election interference adds another layer to the story. With no fresh market verdicts in the data, the picture remains easing monetary policy running alongside election-driven spending and external tension.