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Brazil Ministry of Planning revises 2026 Selic rate projection to 14.16%

The Brazilian Ministry of Planning and Budget updated its 2026 economic parameters, raising the average Selic interest rate forecast to 14.16% while significantly lowering the projected average oil price to $79.16 per barrel. The exchange rate forecast remains unchanged at 5.16 BRL/USD. These adjustments reflect the government's latest fiscal and macroeconomic assessment in the third bimonthly revenue and expenditure report.

Valor Econômico1 day agoBRCredibility 45%View source

Score Breakdown

Mosaic Score10.0

Confidence0.9

Significance0.5

Source credibility0.5

Intelligence Tags

#selic #brazil #macroeconomics #monetary policy #fiscal

Locations

Brasilia

Entities

countrymarket

Source

Part of 2 situations

activeMarketsPolitics6h ago

Brazil Monetary Policy: Fiscal Concerns Intensify Amidst Rate Futures Decline

Brazilian interest rate futures are declining due to easing global risk premiums and softening oil prices, despite persistent domestic fiscal concerns. The Central Bank maintains a cautious communication stance, while the Ministry of Planning has revised its 2026 Selic rate projection upwards. Market participants and former officials are increasingly warning of a potential fiscal crisis and recession by 2027 if significant spending cuts are not implemented.

→ stable·12 signals·BR, US, IRScore 7.3

activeMarketsEnergy6h ago