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203 results for “selic rate”

Brazil Finance Minister Dario Durigan Outlines Re-election Economic Pitch: Fiscal Discipline to Cut Selic Rate
PROPolitics• Aug 21

Brazil Finance Minister Dario Durigan Outlines Re-election Economic Pitch: Fiscal Discipline to Cut Selic Rate

Dario Durigan clarified the Lula administration's economic focus, linking strict fiscal control to lower interest rates and a key labor reform.

Investing• Aug 20

BTG Pactual Economist Mansueto Almeida Warns Fiscal Risk Will Slow Brazil’s GDP to 1% in 2027

Brazil's 2027 GDP growth is projected to hit a post-pandemic low of 1%, as election-year fiscal expansion forces Selic rate to remain high.

Fiscal Credibility Cracks as Brazil’s Deficit Worsens Amid Pre-Election Spending Exemptions
PROPolitics• Aug 20

Fiscal Credibility Cracks as Brazil’s Deficit Worsens Amid Pre-Election Spending Exemptions

Brazil's projected 2026 primary deficit worsened to R$59.1 billion as Congress and the Executive approve new spending outside the fiscal rule's cap.

PROMarkets• Aug 20

Brazil's No. 2 Finance Official Pledges 2% of GDP Fiscal Adjustment to Cut High Selic Rate

Dario Durigan, the Executive Secretary of Brazil's Finance Ministry, linked a major fiscal push to lower the Selic rate.

Lula Campaign Pledges 2% of GDP Fiscal Adjustment to Combat Brazil’s High Interest Rates
PROMarkets• Aug 20

Lula Campaign Pledges 2% of GDP Fiscal Adjustment to Combat Brazil’s High Interest Rates

Finance Minister Dario Durigan commits a future Lula administration to a 2% of GDP fiscal effort to lower the 14.00% Selic rate and stabilize public debt.

Brazil Finance Minister Acknowledges Market Debt Fears are 'Justified' Amid Capital Flight
Politics• Aug 19

Brazil Finance Minister Acknowledges Market Debt Fears are 'Justified' Amid Capital Flight

Finance Minister Dario Durigan said market concerns over Brazil's rising public debt and mandatory spending are 'justified,' validating investor caution.

Brazil’s Fiscal Impulse Blamed for Two-Thirds of Long-Term Interest Rate Surge
PROMarkets• Aug 18

Brazil’s Fiscal Impulse Blamed for Two-Thirds of Long-Term Interest Rate Surge

Structural fiscal concerns in Brazil, driven by spending, are responsible for 63% of the recent surge in 10-year interest rates.

Lula Administration Deploys Alckmin and Durigan to Vow Fiscal Rigor, Combat Brazil Country Risk Premium
Markets• Aug 17

Lula Administration Deploys Alckmin and Durigan to Vow Fiscal Rigor, Combat Brazil Country Risk Premium

Brazil's top economic officials pledged commitment to sustainable surpluses to reduce the country's high sovereign risk and domestic interest rates.

High-Yield Fixed Income ETFs on B3 Offer Liquid Access to Brazil's Selic Rate
PROInvesting• Aug 17

High-Yield Fixed Income ETFs on B3 Offer Liquid Access to Brazil's Selic Rate

New Fixed Income ETFs in Brazil, tracking the high-yielding CDI/Selic rate, provide foreign investors with a liquid and tax-transparent route to the country's carry trade.

Major Brazilian Banks Demand Fiscal Clarity as Public Debt Surges
PROPolitics• Aug 17

Major Brazilian Banks Demand Fiscal Clarity as Public Debt Surges

Financial institutions are pressuring presidential candidates for a credible fiscal plan, citing debt concerns and high political risk.

Brazil’s Paradox: Record Default Surges Despite Near-Historic Low Unemployment
PROInvesting• Aug 17

Brazil’s Paradox: Record Default Surges Despite Near-Historic Low Unemployment

Brazilian family indebtedness hits a record 82%, with nearly 30% defaulting, as high Selic rates make credit costs incompatible with a low-unemployment economy.

Lula’s R$180 Billion Stimulus Battles High Selic Rate, Creating Fiscal-Monetary Showdown in Brazil
Politics• Aug 17

Lula’s R$180 Billion Stimulus Battles High Selic Rate, Creating Fiscal-Monetary Showdown in Brazil

The Brazilian government's election-year fiscal push is clashing with the Central Bank's restrictive 14.00% Selic rate.

Brazilian Retail Giant Casas Bahia Files for Judicial Recovery Amid R$17.3 Billion Debt Crisis
PROMarkets• Aug 17

Brazilian Retail Giant Casas Bahia Files for Judicial Recovery Amid R$17.3 Billion Debt Crisis

The iconic Brazilian retailer, Casas Bahia, filed for bankruptcy protection after a R$10.1 billion loss, signaling deepening strain in the consumer economy.

Brazil’s Fiscal Fight Splits Election: Lula’s Bloc Focuses on New Revenue, Bolsonaro’s on Debt-Linked Spending Cuts
Politics• Aug 17

Brazil’s Fiscal Fight Splits Election: Lula’s Bloc Focuses on New Revenue, Bolsonaro’s on Debt-Linked Spending Cuts

Foreign investors are unnerved by the starkly contrasting fiscal proposals from Brazil's leading political blocs as they eye the country's rising sovereign debt.

Monetary Easing Fuels Brazilian Real Estate Funds: IFIX Rises as Select FIIs Outperform
Investing• Aug 14

Monetary Easing Fuels Brazilian Real Estate Funds: IFIX Rises as Select FIIs Outperform

Brazilian Real Estate Investment Funds (FIIs) are surging as the central bank cuts the Selic interest rate, driving a major recovery in real assets.

Brazil’s Stock Market Splits: Small-Cap Stocks Trade at Deep Discount Despite Ibovespa’s Rally
Small Caps• Aug 14

Brazil’s Stock Market Splits: Small-Cap Stocks Trade at Deep Discount Despite Ibovespa’s Rally

Brazil's equity market shows a historic split, with small-caps trading at a deep discount, while large-cap Ibovespa stocks soar on foreign capital.

High Cost of Credit Penalizes Small-Cap SYN Prop & Tech Despite Strong Operations
PROSmall Caps• Aug 14

High Cost of Credit Penalizes Small-Cap SYN Prop & Tech Despite Strong Operations

Brazilian real estate firm SYN Prop & Tech saw net income fall 67.2% in 2Q26 as high debt costs nullified strong operating gains.

Brazilian Agribusiness Crisis Worsens as Farm Recovery Filings Surge Amid Record Debt
PROMarkets• Aug 12

Brazilian Agribusiness Crisis Worsens as Farm Recovery Filings Surge Amid Record Debt

Financial distress in Brazil’s powerhouse agribusiness sector is deepening, with farm debt restructuring accounting for 20% of all insolvencies.

Brazil’s Fourth Selic Rate Cut to 14% Trims Appeal of Popular ‘Paper’ Real Estate Funds
Investing• Aug 12

Brazil’s Fourth Selic Rate Cut to 14% Trims Appeal of Popular ‘Paper’ Real Estate Funds

Brazil's Central Bank cuts the benchmark Selic rate to 14.00%, putting pressure on the yields of CDI-indexed 'paper' Real Estate Funds (FIIs) popular with investors.

Brazil Central Bank Minutes Reveal Hawkish Stance Despite Selic Rate Cut to 14.00%
PROInvesting• Aug 12

Brazil Central Bank Minutes Reveal Hawkish Stance Despite Selic Rate Cut to 14.00%

Brazil's central bank delivered a rate cut but signaled a deeply cautious outlook, stressing inflation is still driven by demand.

Foreign Capital Exodus From B3 Signals Global Chill on Brazil Equities
Investing• Aug 12

Foreign Capital Exodus From B3 Signals Global Chill on Brazil Equities

Foreign investors pulled R$ 5.55 billion from the B3 stock exchange in the first week of August, continuing a capital flight driven by high Selic rates and global fund reallocation to US tech.

Oil Price Surge Near $90 Per Barrel Puts Brazil’s Interest Rate Cuts on Hold
Markets• Aug 12

Oil Price Surge Near $90 Per Barrel Puts Brazil’s Interest Rate Cuts on Hold

A surge in Brent crude prices is raising inflation fears in Brazil, forcing the Central Bank to pause or slow its Selic rate cutting cycle.

Brazil’s 14.0% Interest Rate Lures Foreign Capital, But Lula’s Fiscal Risk Constrains Further Cuts
PROCurrencies• Aug 12

Brazil’s 14.0% Interest Rate Lures Foreign Capital, But Lula’s Fiscal Risk Constrains Further Cuts

The Banco Central do Brasil’s high Selic rate attracts massive global 'carry trade,' strengthening the Real, yet the high rate is a defensive wall against fiscal uncertainty.

Global Investors Pull Billions from Brazil’s Stock Market Over Political and Rate Concerns
Investing• Aug 12

Global Investors Pull Billions from Brazil’s Stock Market Over Political and Rate Concerns

Foreign investors withdrew R$ 5.55 billion from the B3 in the first week of August, citing high Selic rates, political risk, and a global shift.

Brazil’s 11.75% Selic Rate Splits Real Estate Market, Favoring High-Yield ‘Paper Funds’
Investing• Aug 12

Brazil’s 11.75% Selic Rate Splits Real Estate Market, Favoring High-Yield ‘Paper Funds’

A high-rate environment in Brazil favors real estate debt funds, splitting the $50B FII market from brick-and-mortar funds.

Brazil’s Central Bank’s ‘Married Operations’ Stabilize Real Amid High Selic Rate
Currencies• Aug 11

Brazil’s Central Bank’s ‘Married Operations’ Stabilize Real Amid High Selic Rate

Brazil's Central Bank uses simultaneous spot sales and reverse FX swaps to manage USD/BRL volatility, boosting the carry trade.

Geopolitical Risk Pushes USD/BRL Above R$5.09, Overwhelming Brazil’s High Interest Rate Differential
PROCurrencies• Aug 11

Geopolitical Risk Pushes USD/BRL Above R$5.09, Overwhelming Brazil’s High Interest Rate Differential

The Brazilian Real loses ground to the US Dollar as global uncertainty over the Middle East and inflation outweighs the lure of high domestic interest rates.

Defensive FII Strategies Prove Resilient Against Brazil’s High Selic Rate Pressure
PROInvesting• Aug 11

Defensive FII Strategies Prove Resilient Against Brazil’s High Selic Rate Pressure

Brazilian Real Estate Investment Funds (FIIs) relying on atypical, long-term contracts outperformed their index as the 14.00% Selic rate pressures valuations.

Brazil’s Centauro Owner SBFG3 Faces Tense Earnings on World Cup Boost Versus Crippling Macro Headwinds
PROSmall Caps• Aug 10

Brazil’s Centauro Owner SBFG3 Faces Tense Earnings on World Cup Boost Versus Crippling Macro Headwinds

Grupo SBF releases Q2 earnings driven by World Cup jersey sales, while high interest rates and record consumer debt strain long-term outlook.

Selic Rate Cut to 14.00% Puts Brazilian Real Carry Trade at Risk
Currencies• Aug 10

Selic Rate Cut to 14.00% Puts Brazilian Real Carry Trade at Risk

Brazil's Central Bank cut the benchmark Selic rate to 14.00%, shrinking the interest rate differential and eroding the appeal of the BRL carry trade.