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Brazil Central Bank Cuts Selic Rate to 14.00%, Confirms Easing Cycle Despite Restrictive Stance

Brazil's COPOM cut the Selic rate by 25 bps to 14.00%, extending the easing cycle but maintaining a restrictive policy.

By Marcus Wright

Published
Brazil Central Bank Cuts Selic Rate to 14.00%, Confirms Easing Cycle Despite Restrictive Stance
Faduart / Wikimedia Commons (CC BY-SA 4.0)

Brazil's COPOM cut the Selic rate by 25 bps to 14.00%, extending the easing cycle but maintaining a restrictive policy.

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