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2 clusters · 99 sources · 10 days · First seen · Last updated

Categories: BUSINESS

Global central bank rate decisions

Entities: Boletim Focus · Brazil · Selic rate · Comitê de Política Monetária (Copom) · Banco de Portugal

Overview

Mid‑July markets focused on the European Central Bank’s expected hold of its main refinancing rate at 2.40 % and the Fed’s July 29 policy meeting, with analysts tracking spill‑over effects on emerging markets such as Brazil and European economies like Portugal. In July 2026 Brazil’s central bank kept the Selic benchmark at 14 % through year‑end, projecting a decline to 12 % by late 2027 and noting a R$200 billion fiscal stimulus. A Boletim Focus released on 27 July showed the median market forecast for Brazil’s 2026 IPCA inflation trimmed to 5.12 % – down from 5.15 % a week earlier and 5.33 % a month earlier – while forecasts for 2027 and 2028 were held at 4.22 % and 3.80 % respectively. The report kept 2026 Selic expectations at 14 % and signaled at least one cut before year‑end, with projections of 12 % in 2027 and 10.5 % in 2028. Growth outlook remained steady at 1.99 % for 2026, 1.60 % for 2027 and 2.0 % for 2028. Exchange‑rate projections stay near R$5.20 per US $, rising modestly to R$5.28‑5.30 by 2028. The current Selic rate sits at 14.25 % after the June 17 Copom decision, and the next Copom meeting is scheduled for 4–5 August 2026. New data released on 27 July showed Brazil’s June exports reached a record US$ 36.4 billion, cutting the current‑account deficit to US$ 2.3 billion and expanding the trade surplus to US$ 8.8 billion. Foreign‑direct investment inflows totaled US$ 9.1 billion in June, and international reserves stood at US$ 367.6 billion. The Boletim Focus reiterated the 5.12 % inflation outlook and a 14 % Selic rate forecast for the end of 2026, with the dollar projected to finish the year at R$5.20.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

Timeline

  1. 1 day ago

    [BUSINESS] 90 sources
    Brazil's June exports hit historic high, narrowing trade deficit

    Brazil's June exports hit a historic US$ 36.4 bn, halving the trade deficit, while market forecasts cut 2026 inflation to 5.12 % and keep the Selic at 14 %.

  2. 11 days ago

    [BUSINESS] 9 sources
    ECB Rate Decision and Global Data Shape Markets This Week

    ECB likely to hold rates while the UK, US, Canada and other major economies release key inflation and labour data, steering global markets this week.

Sources

actionforex.com · adtv.ig.com.br · alagoas24horas.com.br · aquiagora.net · araguaiabrusque.com.br · arroyodiario.com.ar · autoindustria.com.br · blink102.com.br · blogdobg.com.br · bmcnews.com.br · bpmoney.com.br · brasil247.com · brasildefators.com.br · brasilemfolhas.com.br · comprerural.com · desenrolaenaomenrola.com.br · economia.estadao.com.br · ederluiz.com.vc · europesays.com · euvivoaselecao.com.br · expresso360.com.br · extra.globo.com · fatopaulista.com.br · forteresse-miremont.fr · futebolparameninas.com.br · gazetamt.com.br · gentosha-go.com · global-view.com · guaiba.com.br · h1.com.hk · home.dgabc.com.br · horadopovo.com.br · hoteliernews.com.br · hotsite.cnnbrasil.com.br · icrp.org · imprensabrasileira.com.br · imprensapublica.com.br · infomoney.com.br · informa1.com.br · itapevinoticias.jor.br · jblog.com.br · jornalalef.com.br · jornaldiadia.com.br · jornaleconomico.sapo.pt · jovempannewscampinas.com.br · litoralnarede.com.br · livecoins.com.br · maracanaonline.com.br

This summary has been updated 4 times: see revision history