Reported about 2 months ago
Brazilian analysts have revised their interest rate forecasts for 2026 upwards, projecting a Selic rate of 9.5% by year-end, as central bankers express concerns over persistent inflation driven by rising service costs and currency depreciation. The central bank has maintained rates at 10.5% since June, while analysts expect consumer prices to increase slightly more than previously estimated. With the economy showing resilience, policymakers stress that all options remain open for addressing inflation challenges.
Source: YAHOO