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Brazil Interest Rate Decision

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Brazil Interest Rate Decision

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Sep 18, 2024
Actual
10.75%
Forecast
10.75%
Previous
10.50%
The Central Bank of Brazil's (BCB) Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the BRL, while a lower than expected rate is negative/bearish for the BRL.
Importance:
Country:
Currency: BRL
Source: Banco Central do Brasil
Brazil Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Dec 11, 2024 17:00      
Nov 06, 2024 17:30   11.25% 10.75%
Sep 18, 2024 17:30 10.75% 10.75% 10.50%
Jul 31, 2024 17:00 10.50% 10.50% 10.50%
Jun 19, 2024 17:00 10.50% 10.50% 10.50%
May 08, 2024 17:00 10.50% 10.50% 10.75%

News

Analysis

Chris Turner
FX Daily: A Glimpse of Future Easing By Chris Turner - Apr 20, 2023

The Hungarian forint sold off 2% yesterday after a local central banker surprised markets by suggesting Hungary could make preparations to start easing interest rates. Central banks in Eastern Europe...

Interest Rate Decision Discussion

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