Brazil Economists Lower 2026 Selic Forecast Following Rate Cut

Economists in Brazil have adjusted their projections for the benchmark interest rate, Selic, for the end of 2026 downward following a recent rate cut, reflecting a gradual economic slowdown. This shift comes ahead of next month's presidential election and underscores the government's efforts to manage inflation while supporting economic growth. The revised forecast highlights the delicate balancing act policymakers face in managing economic stability and voter sentiment.