
Markets
Brazil’s central bank cuts Selic rate to 13.75%
Brazil’s central bank lowered its benchmark Selic interest-rate target by 0.25 percentage point to 13.75% a year, effective September 17, marking the fifth consecutive cut in 2026.
A practical guide to Brazil’s benchmark interest rate, the Central Bank and why monetary policy matters to investors, companies and households.
Use this guide to connect Brazil Scope reporting on monetary policy with the institutions, market signals and historical context behind the Selic rate.
How the Central Bank and Copom fit into monetary policy
Why rate decisions matter for inflation, credit, the real and markets
Where to follow the latest Brazil Scope coverage and official indicators