Brazil's Monetary Policy Committee reportedly cut the Selic rate to 14.25% on June 17, marking a third consecutive easing move. This is a new monetary policy decision and changes the policy-rate path relative to the tracked event's prior status.
Δ A new Copom rate decision has been reported: Selic lowered to 14.25%, updating the prior tracked rate level and advancing the timeline of easing.
Why it matters today · A third straight cut entrenches Brazil's easing cycle, signaling lower refinancing stress and shifting expectations for FX and fiscal financing.