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26 results for “Selic rate cut”
Presidential Candidate Caiado Targets Congressional Power, Proposes Zeroing Mandatory Spending for Selic Rate Cut
Brazilian presidential hopeful Ronaldo Caiado is proposing radical fiscal austerity, including eliminating mandatory congressional spending amendments, to drive Brazil's Selic rate down to 7%.
Brazil’s Economic Activity Stalls as Agribusiness Slumps, Fueling Case for Selic Rate Cuts
The Central Bank of Brazil’s pre-GDP indicator (IBC-Br) fell 0.2% in July, exceeding forecasts, as a steep 1.2% decline in Agribusiness weighed heavily on the economy.
Brazil Registers Largest Deflation in Four Years, Cementing Central Bank's Selic Rate Cut
Brazil's official inflation index, the IPCA, fell 0.32% in August, the first deflation of the year, driven by a temporary 'Itaipu Bonus' on electricity bills.
Brazil's Deflationary Surprise Was a Power Credit Mirage, Testing Central Bank’s Resolve on Selic Rate Cut
Brazil's official inflation index dropped 0.32% in August, the largest deflation in four years, but the figure was nearly all due to a one-off power bill credit.
Massive Dollar Outflow Complicates Brazil Central Bank’s Plan for Selic Rate Cuts
Brazil saw a net outflow of $7.511 billion in dollars in the first week of September, threatening to fuel inflation and stall the rate-cutting cycle.
Deadlock in Brazil Presidential Race Solidifies Political Risk Premium Weeks Before Vote
A new Quaest poll shows President Lula and challenger Flávio Bolsonaro tied for the runoff, ensuring political uncertainty that hampers Selic rate cuts.
Small Cap Rally Signals Market Bets on Accelerated Selic Rate Cuts in Brazil
The Brazil Small Cap Index (SMLL) jumped over 4% in early September as investors rotate into domestic cyclicals on expectations of a faster Selic rate easing cycle.
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%
Brazil's central bank delivered a rate cut but signaled a deeply cautious outlook, stressing inflation is still driven by demand.
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.
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.
Brazilian Real's Sensitivity Spikes on Selic Cut Bets and US Sanctions Fear
The USD/BRL jumped to R$5.130, fueled by weak industrial data cementing Selic rate cut expectations and rising geopolitical risk from a US diplomatic feud.
Sharp Drop in Brazil Industrial Output Bolsters Selic Cut Case, Pressuring BRL Carry Trade
Weaker-than-expected industrial production data reinforces the expectation for deeper Selic rate cuts, eroding the Brazilian Real's carry trade appeal.
Political Logjam on Fiscal Adjustment Curbs Central Bank’s Scope for Deeper Selic Rate Cuts
The Copom’s fourth consecutive 25-bps cut to 14.00% is overshadowed by political failure to deliver a credible fiscal adjustment.
Lula Attacks Fiscal Cap, Brands Market as 'Faria Lima Captor,' Fueling Fiscal Uncertainty
President Lula's comments criticizing fiscal rules and the financial market sent mixed signals, heightening political risk despite a Selic rate cut.
XP Advises Fixed-Income Shift to IPCA and Pre-Fixed Bonds as Selic Rate Easing Cycle Continues
XP Inc. recommends fixed-income investors pivot from pure CDI exposure to a diversified mix of inflation-linked and intermediate pre-fixed titles ahead of the expected Selic rate cut this week.
Brazilian Real Volatility Spikes as USD/BRL Breaches Central Bank's R$5.10 Model Ahead of Expected Selic Cut
The USD/BRL touched R$5.1351 on Tuesday, rising past the BCB's internal exchange rate model ahead of the expected 25bp Selic rate cut.
Selic's Forward Guidance, Not the Rate Cut, is the Key Driver for the Brazilian Real (BRL)
Investors are focused on the Central Bank's signal about the easing cycle's future, as the expected Selic rate cut is fully priced into USD/BRL.
COPOM Selic Rate Cut to 14.00% Looms, Testing Brazilian Real’s Fiscal Anchor
Brazil’s Central Bank is expected to cut the Selic rate by 25bps this week, a move that could expose BRL to fiscal risk.
COPOM Poised to Deliver Fourth Consecutive Selic Rate Cut to 14.0%
Brazil's Central Bank is expected to cut the Selic rate by 25 bps on Wednesday, improving the outlook for interest-sensitive stocks.
COPOM Begins Meeting with Selic Rate Cut Expected, But Global Tensions Elevate Risk of a Hold
Brazil's Central Bank begins its two-day Selic rate meeting, with a 25 basis point cut favored but external risks suggesting a potential hold at 14.25%.
Petrobras Rises on Domestic Rate Cut Hopes as Sharp IPCA-15 Drop Fuels Brazil Stock Market
Ibovespa and Petrobras advanced after the IPCA-15 mid-month inflation print dropped sharply, bolstering expectations for a continued Selic rate cut cycle.
Brazil’s Surprise 0.06% Inflation Print Fuels Rally on B3, Sharpens Bets for Aggressive Selic Rate Cut
Brazil's mid-month IPCA-15 cooled sharply to 0.06% in July, boosting the Ibovespa and reinforcing expectations for a larger Copom rate cut.
Brazil Stock Market Today: Inflation Slowdown and Petrobras Drive Focus
Lower July IPCA-15 inflation expectations and Petrobras' Q2 production report boost the Ibovespa today as investors eye potential Selic rate cuts.
B3 Options Signal Higher Probability of Selic Rate Cut in August, Shifting Carry Trade Calculus
Market-implied probability of a 25 basis point Selic rate cut surged past 72%, signaling a major shift in Brazilian interest rate expectations.
Brazilian Real Hovers Near 5.17 Supported by Wide Yield Spread
Despite a third consecutive Selic rate cut, the Brazilian Real holds steady near 5.17 per USD as a massive 10-percentage-point yield spread defends the currency.