BCB poll: Economists see 2026 interest rate Selic at 13.25% (prev. 13.00%); sees 2027 Selic rate at 11.25% (prev. 11.25%)

The latest poll from the BCB shows economists adjusting their 2026 Selic rate forecast up to 13.25% from 13.00%, indicating a more hawkish stance on future policy.

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BCB poll: Economists see 2026 interest rate Selic at 13.25% (prev. 13.00%); sees 2027 Selic rate at 11.25% (prev. 11.25%)

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Maintaining the 2027 rate at 11.25% suggests a cautious view on long-term economic recovery. This shift may impact currency and fixed income as expectations for tighter monetary policy emerge.

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