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Brazil’s Central Bank Cuts Selic Rate to 14.00%, Market Eyes Conservative Forward Guidance

Copom delivered the widely expected 25 basis point cut, turning all focus to the communiqué's signal on future easing.

By Marcus Wright

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Brazil’s Central Bank Cuts Selic Rate to 14.00%, Market Eyes Conservative Forward Guidance
Narodna biblioteka „Vuk Karadžić“ Veliko Gradište / Wikimedia Commons (CC BY-SA 4.0)

Copom delivered the widely expected 25 basis point cut, turning all focus to the communiqué's signal on future easing.

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