Event Brief
Mar 19, 2026 at 4:04 AM ET
Brazil Cuts Interest Rate for First Time in Two Years
By The BriefBrief
Brazil's central bank reduces the Selic rate to 14.75%, marking the first cut in nearly two years.
WHO: Brazil
WHAT: Cuts benchmark Selic rate
WHEN: Mar 19, 2026 at 3:29 AM ET
WHERE: Brazil
WHY: Start of an easing cycle after maintaining the rate at 15% since June 2025.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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