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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
Nov 06, 2024
Actual
11.25%
Forecast
11.25%
Previous
10.75%
The Central Bank of Brazil's (BCB) Monetary Policy Committee publishes its decision 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 reading that is stronger than forecast is generally supportive (bullish) for the BRL, while a weaker than forecast reading is generally 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 22:30     11.25%
Nov 06, 2024 22:30 11.25% 11.25% 10.75%
Sep 18, 2024 22:30 10.75% 10.75% 10.50%
Jul 31, 2024 22:00 10.50% 10.50% 10.50%
Jun 19, 2024 22:00 10.50% 10.50% 10.50%
May 08, 2024 22:00 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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