Brazil Inflation Forecasts Keep Falling. Rate Cuts Are Next

2026-02-19 - 11:53

Key Points — Brazil’s inflation forecast for 2026 fell for the sixth straight week to 3.95%, the first time it has dropped below 4% since expectations began deteriorating in mid-2025, according to the Central Bank’s weekly Focus survey published Wednesday — The Selic benchmark rate remains at 15% — its highest since July 2006 —