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COPOM Set to Cut Selic to 14.00%; Investor Focus Shifts to Pace of Future Easing

Brazil's Central Bank is widely expected to cut the benchmark Selic rate by 25 basis points to 14.00% on Wednesday, with the market's attention fixed on forward guidance for the pace of the easing cycle.

By Diane Cole

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COPOM Set to Cut Selic to 14.00%; Investor Focus Shifts to Pace of Future Easing
Miomir Magdevski / Wikimedia Commons (CC BY-SA 4.0)

Brazil's Central Bank is widely expected to cut the benchmark Selic rate by 25 basis points to 14.00% on Wednesday, with the market's attention fixed on forward guidance for the pace of the easing cycle.

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