Interest Rate Decision

The Interest Rate Decision is announced by the Central Bank of Brazil. If the bank is hawkish about the inflationary outlook of the economy and rises the interest rates, it is seen as positive, or bullish, for the BRL, while a dovish outlook for the economy (or a rate cut) is seen as negative, or bearish, for the currency.

Most recent - Wednesday 8 May 2024 21:30

Previous
10.75%
Forecast
10.5%
Actual
10.5%

Next event - Wednesday 19 June 2024 21:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Interest Rate Decision yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Interest Rate Decision was 10.5% against a forecast of 10.5%.

Past events

Date
Forecast
Actual
Wednesday 8 May 2024 21:30
10.5%
10.5%
Wednesday 20 March 2024 21:00
10.75%
10.75%
Wednesday 31 January 2024 21:35
11.25%
11.25%
Wednesday 13 December 2023 21:30
11.75%
11.75%
Wednesday 1 November 2023 21:00
12.25%
12.25%
Wednesday 20 September 2023 21:00
12.75%
12.75%
Wednesday 2 August 2023 21:30
13.5%
13.25%
Wednesday 21 June 2023 21:30
13.75%
13.75%
Wednesday 3 May 2023 21:00
13.75%
13.75%
Wednesday 22 March 2023 21:00
13.75%
13.75%
Wednesday 1 February 2023 21:00
13.75%
13.75%
Thursday 8 December 2022 21:00
13.75%
13.75%
Thursday 27 October 2022 21:00
-
13.75%
Wednesday 21 September 2022 21:00
13.75%
13.75%
Wednesday 3 August 2022 21:00
13.75%
13.75%
Wednesday 15 June 2022 21:00
13.25%
13.25%
Wednesday 4 May 2022 21:00
12.75%
12.75%
Wednesday 16 March 2022 21:00
11.75%
11.75%
Wednesday 2 February 2022 21:00
10.75%
10.75%
Wednesday 8 December 2021 21:00
-
9.25%
Wednesday 27 October 2021 21:00
7.25%
7.75%
Wednesday 22 September 2021 21:00
5.25%
6.25%
Wednesday 4 August 2021 18:00
5.25%
5.25%
Wednesday 16 June 2021 21:00
4.25%
4.25%

About Interest Rate Decision

Country:Brazil
Currency:BRL
Source:Central Bank of Brazil
Category:Interest Rates
Frequency:Weekly/week-based

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