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 a tight presidential election clouds the p
Brazil's central bank delivered a fifth straight rate cut, bringing the Selic to 13.75%, while keeping its next move deliberately open as a tight presidential election clouds the policy path. The easing cycle has run alongside softer-than-expected recent economic activity, which strengthens the case for continued stimulus. Energy remains a watch item after Petrobras raised diesel prices, with a government subsidy absorbing part of the increase and leaving the inflation picture mixed.