Brazilian Economists Forecast Higher Selic Rate by 2026 Year-End

Economists in Brazil have revised their expectations for the country's Selic interest rate, projecting it to reach 13.00% by the end of 2026, up from a previous forecast of 12.50%. According to Jin10, the forecast for the end of 2027 has also been adjusted, with economists now expecting the rate to be 11.00%, compared to an earlier prediction of 10.50%. These adjustments reflect changing economic conditions and expectations for Brazil's monetary policy in the coming years.