Financial News: Brazil Cuts Policy Rate By 25 Bps

Brazil Cuts Policy Rate By 25 Bps

08/06/2026 - 01:43:00 (RTTNews)

(RTTNews) - Brazil's central bank lowered its benchmark rate for a fourth consecutive time on Wednesday.

The monetary policy committee, known as Copom, of the Banco Central do Brasil decided to lower the key selic rate by 25 basis points to 14.00 percent.

The bank has lowered the rate by 100 basis points since March.

Copom said this decision is consistent with the strategy for inflation convergence to a level around its target, throughout the relevant horizon for monetary policy.

"Due to the dynamic of the risks associated with the evolution of prices, the Committee reaffirms that the total magnitude of the calibration cycle will be established in light of new information aiming to ensure inflation convergence to the target," the bank said in a statement.

Further, the committee observed that in the current scenario of heightened uncertainty, deanchoring of expectations, and elevated risks surrounding the reference scenario, it requires serenity and cautiousness in the conduct of monetary policy.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German Factory Orders Grow More Than Forecast (07 min(s), 11 sec(s) ago)
(RTTNews) - Germany's factory orders grew more than expected in June, data from Destatis revea ...Full Story»

Brazil Cuts Policy Rate By 25 Bps (01 hr(s), 05 min(s), 11 sec(s) ago)
(RTTNews) - Brazil's central bank lowered its benchmark rate for a fourth consecutive time on ...Full Story»

Australia Has A$1.929 Billion Trade Surplus (59 min(s), 49 sec(s) ago)
(RTTNews) - Australia posted a merchandise trade surplus of A$1.929 billion in June, the Australia ...Full Story»

South Korea June Current Account Surplus $49.73 Billion (28 min(s), 49 sec(s) ago)
(RTTNews) - South Korea posted a current account surplus of $49.73 billion in June, the Bank of Ko ...Full Story»

Australia Trade Data On Tap For Thursday (15 min(s), 49 sec(s) ago)
(RTTNews) - Australia will on Thursday release June numbers for imports, exports, trade balance an ...Full Story»

UK Services Sector Returns To Growth In July (25 min(s), 49 sec(s) ago)
(RTTNews) - The British service sector returned to growth territory in July amid a renewed expansi ...Full Story»

South African Private Sector Logs Further Marginal Expansion (44 min(s), 49 sec(s) ago)
(RTTNews) - South Africa's private sector continued to expand marginally in July, supported by ...Full Story»

U.S. Crude Oil Inventories Unexpectedly Rise By 2.5 Million Barrels (46 min(s), 49 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. unexpectedly increased in the week ended July 31st, ...Full Story»