BUSINESSTHE RIO TIMES
Brazil Traders Bet on an August Selic Rate Cut as Inflation Eases
Brazil traders anticipate a 75.5% probability of a 0.25-point Selic rate cut at the August meeting, with a 21% chance of holding rates unchanged. Brazil's inflation target remains set at 3.00% with a ±1.5 percentage-point band from 2025 onward.
Related Signal
Adjacent reporting
- Brazil Interest Rate Cut Likely in August, Bets Show
- Brazil’s Softer June Inflation Tilts Bets Toward an August Rate Cut
- Brazil Market Bets on Higher-for-Longer Rates as Selic Call Hits 13.5%
- Brazil Cuts Rates to 14.25% but Toughens Its Inflation Message
- Brazil’s Inflation Is Cooling, and Rate Cuts Are Back in View
- Brazil’s Focus Survey: Inflation Forecasts Fall After Weeks of Rising