Brazil Finance Ministry links household squeeze to credit costs, sees Selic easing

Brazil's Ministry of Finance attributes the recent tightening of household budgets to the cost of credit, arguing that credit costs tend to decline as the Selic rate falls. This signals the government's view that monetary easing will alleviate financial pressure on families, though the statement does not specify a timeline or magnitude. The comment comes amid ongoing debate over the pace of rate cuts and their impact on consumption.