PRO articleMarkets

Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate

Brazil's Ministry of Finance revised its 2026 GDP growth forecast downward, citing the restrictive effects of the high benchmark Selic interest rate on key sectors.

By Marcus Wright

Published Sep 22, 2026, 11:23 PM UTC

Brazil Finance Ministry Cuts 2026 GDP Forecast to 2.0% on Drag From High Selic Rate — Illustration — BRZ.news

Brazil's Ministry of Finance revised its 2026 GDP growth forecast downward, citing the restrictive effects of the high benchmark Selic interest rate on key sectors.

Loading subscriber access…

Markets
BlackRock lifts stake in Brazilian retailer Lojas Renner above 10%
Published Oct 22, 2026, 1:20 PM UTC
Markets
Nasdaq-listed Patria strikes $180M real estate deal with Carrefour
Published Oct 22, 2026, 1:19 PM UTC
Markets
Brazil Bank Investors Face $16 Billion Bad Debt Buyback Program
Published Oct 21, 2026, 11:16 PM UTC

Related coverage

BlackRock lifts stake in Brazilian retailer Lojas Renner above 10%

Nasdaq-listed Patria strikes $180M real estate deal with Carrefour

Brazil Bank Investors Face $16 Billion Bad Debt Buyback Program