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Event Brief

Copom cuts Selic to 14.50% as Fed holds

Brazil’s Copom cut the Selic rate 25 basis points to 14.50% while the Federal Reserve held rates at 3.50-3.75%.
WHO: Copom
WHAT: Copom reduced the Selic rate to 14.50%
WHEN: Apr 30, 2026 at 4:44 AM ET
WHERE: Brazil
WHY: No specific cause was reported.
Sources (1): Rio Times

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