Central Bank of Brazil

Money Moves

Held the Selic at 13.75% on November 4, ending five straight cuts; raised its 2026 inflation forecast to 5.6% and 2027 to 4.7%

The Central Bank of Brazil held the Selic at 13.75% on November 4, ending a run of five straight cuts. It raised its inflation forecasts to 5.6% for 2026 and 4.7% for 2027, and said the outlook required caution.

Updated 4 days ago

Money Moves

As of September 2026: Publishes the monthly credit statistics that set default and interest-rate records

Brazilian banks reported their highest loan-default rate since records began in 2011. The share of non-earmarked loans more than 90 days overdue hit 6.6% in August, and household borrowers drove the increase: their default rate on those loans reached 8%.

Updated Sep 30

Money Moves

As of September 2026: Regulator overseeing the cleanup

Brazil's central bank ordered the extrajudicial liquidation of two asset-management firms on September 3, 2026, citing 'serious violations' of financial rules. Trustee DTVM and Banvox DTVM are tied to failed Banco Master SA and its alleged orchestrator, Daniel Vorcaro.

Updated Sep 4