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Brazil’s Central Bank Cuts Selic to 14.00%, But Cautious Tone Signals End of Faster Easing Cycle

Copom cut the Selic benchmark interest rate by 25bps to 14.00%, but the communique signals caution on the pace of future cuts.

By Marcus Wright

Published
Brazil’s Central Bank Cuts Selic to 14.00%, But Cautious Tone Signals End of Faster Easing Cycle
Illustration — BRZ.news

Copom cut the Selic benchmark interest rate by 25bps to 14.00%, but the communique signals caution on the pace of future cuts.

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