Finance & markets · 08/05/2024
Copom reduces the Selic rate to 10.50% p.a.
The Central Bank of Brazil reduced the benchmark interest rate, known as the Selic rate, to 10.50% per annum, amid a more adverse global economic environment due to uncertainty about the easing cycle in the US.
Original source language: Banco Central do Brasil — Press ReleasesOpen original release →