Brazil’s Central Bank Raises Selic Rate to 14.25% Amid Persistent Inflation Risks

Brazil’s Monetary Policy Committee (Copom) raised the benchmark interest rate, the Selic, to 14.25% on March 19, 2025. This marks the highest level since 2016 and reflects an aggressive stance against inflationary pressures. The decision followed a widely expected hike of 100 basis points, continuing a tightening cycle that began in late 2024. The Selic […]