Country: BR | Published: 2026-09-21
Brazil's rate story is shifting, with economists lowering their end-2026 Selic forecasts after the recent cut, a sign the market sees the easing cycle gaining traction even as infl
Brazil's rate story is shifting, with economists lowering their end-2026 Selic forecasts after the recent cut, a sign the market sees the easing cycle gaining traction even as inflation projections tick up. On the trade front, the government is playing a patient hand, holding off on reciprocal measures against the US while talks continue and working to expand beef access to China through Uruguay's quota. The real and local assets still trade on fiscal headlines and the election calendar, but the softer rate outlook offers a calmer backdrop than recent weeks.