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Brazil’s Central Bank Considers Selic Rate Drop to 11.75%
The Monetary Policy Committee (Copom) hinted at a potential change in the Selic rate, which currently stands at 12.25%. By December 12-13, they might reduce it to 11.75%. This decision follows a recent reduction of 0.5 percentage points. That drop brought the Selic to 12.25%, its lowest since May 2022. This reduction is not new. […]