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Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate

Brazil's Ministry of Finance revised its 2026 GDP growth forecast downward, citing the restrictive effects of the high benchmark Selic interest rate on key sectors.

By Marcus Wright

Published
Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate
Illustration — BRZ.news

Brazil's Ministry of Finance revised its 2026 GDP growth forecast downward, citing the restrictive effects of the high benchmark Selic interest rate on key sectors.

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