Country: BR | Published: 2026-09-18
Brazil's central bank has now cut the Selic to 13.75%, its fifth straight reduction, while the central bank also lined up currency swap auctions to steady the real. The welfare spe
Brazil's central bank has now cut the Selic to 13.75%, its fifth straight reduction, while the central bank also lined up currency swap auctions to steady the real. The welfare spending increase announced ahead of the October election keeps fiscal credibility questions alive, and Lula's plan to press the US on election interference at the UN adds a diplomatic layer to an already crowded narrative. With no fresh market verdicts in the data, the picture remains one of easing policy running alongside election-driven spending and external friction.