Brazil Selic Interest Rate as of May 7

Central Bank of Brazil announced the Brazil Selic Interest Rate as of May 7 on 2025-05-07. against a forecast of 14.75%, with the prior figure recorded as 14.25%.

Regarding the Brazil Selic Interest Rate as of May 7, The financial market predicts that the Special Interest Rate (Selic) is the overnight interbank borrowing rate in Brazil, as well as the benchmark interest rate set by the Brazilian central bank. Adjusting the interest rate level is the main means by which the central bank macro-controls the national economy. The Brazilian central bank holds 8 monetary policy meetings each year to assess the economic situation and vote on the interest rate level.

This data holds an importance level of , calculated using Voting by ticket committee decision, and updates monthly. The next release is set for 2025-07-31 05:30:00.

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