Central Bank of Brazil Interest Rate Decision

Country: Brazil, BRL
Importance:
Medium
Sector: Money
Last release
Actual
14.25%
Forecast
Previous
14.50%
Next release
Actual
Coming in 48 days
Forecast
Previous
14.25%
Date (GMT)
Reference
Actual
Forecast
14.25%
14.50%
14.75%
N/D
15.00%
15.00%
15.00%
15.00%
15.00%
14.75%
14.25%
13.25%
12.25%
11.25%
10.75%
10.50%
10.50%
10.50%
10.75%
11.25%

BCB Interest Rate Decision is adopted by the Monetary Policy Committee Copom. After determining the interest rate, the Central Bank purchases and sells federal government bonds on a daily basis, in order to keep the rate close to the target value. The Central Bank's interest rate is chargeable when trading securities issued by the Brazilian National Treasury. A higher than expected value is seen as positive for the Brazilian real quotes.