Country: BR | Published: 2026-09-17
Brazil's central bank delivered a fifth straight rate cut, bringing the Selic to 13.75%, while keeping its next move deliberately open as the October election clouds the policy pat
Brazil's central bank delivered a fifth straight rate cut, bringing the Selic to 13.75%, while keeping its next move deliberately open as the October election clouds the policy path. The Ibovespa traded lower amid fiscal risk concerns and falling oil prices, and the welfare boost announced by the government ahead of the vote adds fresh questions about the debt-relief agenda. Dollar pressure is weighing on Latin American currencies even as regional stocks edge higher, leaving the real caught between easing policy and election uncertainty.