Copom starts meeting to decide on Selic rate this Tuesday (27)

by Marcelo Moreira

The Monetary Policy Committee (Copom) of the Central Bank begins its meeting this Tuesday (27) to define the new basic interest rate for the Brazilian economy.

The result will be announced this Wednesday (28). The market expectation is that the Selic will enter a downward trajectory. Currently, the rate is set at 15% per year. At the previous meeting, in December last year, the rate was maintained for the fourth consecutive time, after interrupting in July the cycle of seven consecutive increases since September 2024.

Analysts estimate that a future drop in the rate will have to be combined with inflation figures. The bet is that the downward cycle will only begin in March.

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