Banks / Brazil

Banco Central do Brasil

Policy rate: Selic rate target

Copom sets a target for the Selic rate (the daily average overnight rate on repos backed by federal securities); the headline here is the target, not the effective Selic rate.

Rate in force

13.75%

since 17 Sept 2026 · bcb.gov.br/en/monetarypolicy/interestrates

Last observed decision

cut

Date: Wed, 16 Sept 2026
Rate: 14.00%↓13.75%
Statement: bcb.gov.br/en/monetarypolicy/copomstatem…

Next meeting

Wed 4 Nov

Announced: 21:30 UTC18:30 Sao Paulo time
Status: on the calendar
Source: bcb.gov.br/en/about/bcb-calendar

Sources

The kinds of page this bank publishes. URLs are copied from the bank's own index, feed or sitemap, never built from the pattern. A source settles a question only once its reads total at least 5 right and 0 wrong.

Source	Found at	Pattern	Example	Reads (right / wrong / void)	Status
Decision statement	bcb.gov.br/en/monetarypolicy/copomstatem…	https://www.bcb.gov.br/en/monetarypolicy/copomstatements/<numeric id>	bcb.gov.br/en/monetarypolicy/copomstatem…	no reads yet	not resolvable yet
Press feed	bcb.gov.br/acessoinformacao/rss	Atom feed; entries link to https://www.bcb.gov.br/controleinflacao/comunicadoscopom/<numeric id> (Portuguese statement)	bcb.gov.br/api/feed/sitebcb/sitefeeds/co…	no reads yet	not resolvable yet
Calendar	bcb.gov.br/en/monetarypolicy/committee	https://www.bcb.gov.br/en/about/bcb-calendar (filter category 'Monetary Policy Committee (Copom)', year)	bcb.gov.br/en/about/bcb-calendar	no reads yet	not resolvable yet
Rate history	bcb.gov.br/en/monetarypolicy	single table page	bcb.gov.br/en/monetarypolicy/interestrates	no reads yet	not resolvable yet

The bank's terms

In the bank's own words, summarised. We copy only the bare facts of a decision (date, rate, direction) and link to the bank for everything else.

BCB's Privacy Policy and Terms of Use permit total or partial reproduction of website content provided the information's integrity is preserved and the source is cited; BCB logos may not be used without authorisation.
Terms page: bcb.gov.br/en/about/privacystatement

bcb.gov.br/en bcb.gov.br/en/monetarypolicy/copomstatem…bcb.gov.br/en/about/bcb-calendar bcb.gov.br/api/feed/sitebcb/sitefeeds/co…

Data warnings

decision-statement source is not resolvable yet: 0 right, 0 wrong, 0 void in reads (the bar is 5 right, 0 wrong)