20-March-2026
Economy News
 
Brazil Central Bank Kicks off Easing With Cautious 25-Bp Cut After Oil Shock
19-Mar-2026

Brazil's central bank began a long-awaited easing cycle on Wednesday with a cautious 25-basis-point cut, holding off on explicit guidance for next steps as an oil shock tied to the U.S.-Israeli war on Iran stoked global inflation fears. The bank's rate-setting committee, Copom, unanimously voted to lower the benchmark Selic rate to 14.75%, after five straight meetings holding it at 15%, the highest level since July 2006.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-18/brazil-central-bank-kicks-off-easing-with-cautious-25-bp-cut-after-oil-shock
 
 
 

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