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The Nexus
BUSINESSJun 9 · 08:15 UTCTHE RIO TIMESIolanda Fonseca

Brazil Market Bets on Higher-for-Longer Rates as Selic Call Hits 13.5%

The June 8 Focus survey raised the median 2026 Selic rate forecast to 13.5%, the first increase after a period of stability. The 2027 forecast also rose to 11.5%, while 2028 and 2029 forecasts remained at 10.00%. The 2026 IPCA inflation estimate increased from 5.09% to an unspecified higher value.

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BrazilplaceFocus surveyorganizationSelictopicIPCAtopicThe Rio Timesorganization
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