18-June-2026
Economy News
 
Brazil Cuts Interest Rates Again, Leaves Door Open for More
18-Jun-2026

Brazil's central bank cut rates at a third straight meeting on Wednesday and left its next steps open, acknowledging a tougher inflation outlook and risks from election-year fiscal stimulus. The bank's rate-setting committee, called Copom, unanimously voted to lower its benchmark Selic rate by 25 basis points to 14.25%, a level last seen in May 2025, in line with forecasts from 41 of 45 economists polled by Reuters.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-17/brazil-central-bank-cuts-rates-for-third-straight-meeting-by-25-bps
 
 
 

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