December 30, 2024 11:30 GMT
BRAZIL: 2026 Year-End Selic Rate Forecast Increased to 12.00%
BRAZIL
- Brazil’s central bank has published the results of its weekly economists’ survey on its website: https://www.bcb.gov.br/en/publications/focusmarketreadout
- 2024 year-end inflation lowered to 4.90%, from 4.91%
- 2025 year-end inflation raised to 4.96%, from 4.84%
- 2026 year-end inflation raised to 4.01%, from 4.00%
- 2025 GDP lowered to 2.01%, from 2.02%
- 2025 year-end Selic rate forecast held at 14.75%
- 2026 year-end Selic rate forecast raised to 12.00%, from 11.75%
- 2025 year-end forecast for USDBRL increased to 5.96, from 5.90
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