Últimas notícias benchmark interest rate

Brasília, 30.10.2023, O ministro da Fazenda, Fernando Haddad, durante entrevista coletiva de imprensa para anunciar os Indicados para diretoria do Banco Central.
Foto: Diogo Zacarias/MF
Economy

Finance Minister sees room for interest to keep falling

“We’re at a moment when we can make the economy grow, and we still have a lot of monetary fat to burn. We still have a [benchmark interest] rate of 12.25% [a year],” Finance Minister Fernando Haddad said at an event held by the BTG Pactual bank Monday.

Brasília - Edifício-sede do Banco Central do Brasil (Wilson Dias/Agência Brasil)
Economy

Central Bank lowers benchmark interest to 12.75% a year

This is the second time in six months the Selic rate is decreased. As at the previous meeting, the financial institution stated it should continue to make reductions of the same intensity in the future.

Edifício-Sede do Banco Central em Brasília
Economy

Central Bank signals possible cut in interest after August

Its Monetary Policy Committee the Selic at 13.75% a year. Brazil’s benchmark interest rate has stood at this level since August 2022, the highest since January 2017.

Edifício-Sede do Banco Central em Brasília
Economy

Brazil’s Central Bank keeps benchmark interest at 13.75% a year

Despite the drop in inflation and pressures from members of the government, the Monetary Policy Committee decided to maintain the Selic rate unchanged for the seventh consecutive time.

São Paulo (SP), 20/06/2023 - Ato das centrais sindicais Força Sindical, CUT, CTB, UGT, CSB, NCST, Intersindical e Pública contra juros altos em frente a sede do Banco Central, na avenida Paulista. Foto: Rovena Rosa/Agência Brasil
Economy

Brazilian trade unions protest against high interest

The Central Bank’s Monetary Policy Committee meet in Brasília for the fourth meeting of the year to define the Selic rate. No cuts in the rate are expected, as per the minutes from the last meeting, in May.