MarketsConfirmedMediumDeveloping

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 Econômicoabout 3 hours 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

developingMarkets43m ago

Brazil Selic Rate Projections Rise Amid Geopolitical Oil Price Surge

The Brazilian Ministry of Planning and Budget has revised its 2026 average Selic rate projection upward to 14.16%, reflecting updated fiscal and macroeconomic assessments. Concurrently, Brazilian DI rates for January 2028 have climbed to 14.355% due to market-driven inflationary expectations following a confirmed surge in global oil prices above $100 per barrel, triggered by the closure of the Strait of Hormuz and US-Iran military exchanges.

↑ escalating·2 signals·BR, US, IRScore 7.5

activePoliticsInfrastructure2m ago