Tag: forward-looking

Brazil Central Bank Holds Selic Rate at 15% as Inflation Eases but Remains Above Target

The post Brazil Central Bank Holds Selic Rate at 15% as Inflaticom. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Brazil’s central bank maintained the Selic rate at 15% for the third straight meeting, aiming to control inflation amid easing pressures but persistent challenges like low unemployment and fiscal concerns. Brazil’s Selic rate held at 15%, highest in nearly 20 years, signaling ongoing anti-inflation efforts. Inflation eased slightly in September with consumer prices up 0. 48% monthly, but remains above the 3% target. Year-on-year inflation at 5. 17%, influenced by base effects and declining food prices, per IBGE data. Brazil Selic rate stays at 15% as central bank tackles inflation. Discover impacts on economy, food prices, and fiscal policy in this detailed analysis. Stay informed on Latin America’s key developments. What is the current Selic rate decision by Brazil’s central bank? Brazil’s Selic rate remains unchanged at 15%, as decided by the central bank’s board led by Gabriel Galipolo, marking the third consecutive meeting without adjustment. This decision aligns with economist forecasts from Bloomberg surveys and reflects a cautious approach to monetary policy amid evolving inflation dynamics. The rate, the highest in almost two decades, continues to support the Brazilian real.