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Brazil Interest Rate Decision

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Brazil Interest Rate Decision

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Dec 11, 2024
Actual
12.25%
Forecast
12.00%
Previous
11.25%
The Central Bank of Brazil's (BCB) Monetary Policy Committee votes 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 higher than expected rate is positive/bullish for the BRL, while a lower than expected rate is 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 16:30 12.25% 12.00% 11.25%
Nov 06, 2024 16:30 11.25% 11.25% 10.75%
Sep 18, 2024 16:30 10.75% 10.75% 10.50%
Jul 31, 2024 16:00 10.50% 10.50% 10.50%
Jun 19, 2024 16:00 10.50% 10.50% 10.50%
May 08, 2024 16:00 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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All Comments (1)
Utkarsh Pandey
Utkarsh Pandey Jan 16, 2014 5:43AM ET
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This comment has already been saved in your Saved Items
wtf
Sensi Baixa
Sensi Baixa Jan 16, 2014 5:43AM ET
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This comment has already been saved in your Saved Items
why ''wtf', can u elaborate?
 
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