30-April-2026
Economy News
 
Brazil Central Bank Trims Interest Rates Again, Eyeing Iran Conflict
30-Apr-2026

Brazil's central bank cut interest rates by 25 basis points on Wednesday for a second straight meeting, leaving its next moves open as it sizes up the economic effects of the U.S.-Israel war against Iran. The central bank's rate-setting committee, called Copom, voted unanimously to lower its benchmark Selic rate to 14.50%, in line with the expectations of 31 out of 35 economists surveyed by Reuters.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-29/brazil-central-bank-cuts-interest-rates-by-25-bp-as-expected
 
 
 

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