Country: BR | Published: 2026-09-17
Brazil's central bank delivered its fifth straight rate cut, bringing rates to 13.75%, though it left the door open on the next move as a tight presidential election clouds the out
Brazil's central bank delivered its fifth straight rate cut, bringing rates to 13.75%, though it left the door open on the next move as a tight presidential election clouds the outlook. The easing cycle comes against a backdrop of weaker-than-expected July economic activity, reinforcing the case for stimulus. Separately, Petrobras raised diesel prices, with a new government subsidy offsetting part of the increase, keeping energy costs in focus for the inflation picture.