Brazil Central Bank Cuts Interest Rate Again But Inflation Worries Point to Pause Soon (opens original article in a new tab)

Brazil's central bank cut interest rates again but signaled potential pause due to inflation concerns, with economists expecting a halt in the easing cycle soon.

• Brazil's central bank cut interest rates for the third consecutive meeting, lowering the benchmark Selic to 14.25%
• Economists predict the easing cycle may pause soon due to rising inflation concerns and mixed signals from the bank's statement
• Inflation remains above target, with annual inflation reaching 4.72% in May, and the central bank raised its 2027 inflation forecast to 3.7%