Brazil's Central Bank Stops Easing Cycle as Inflation Remains High

By Paulo Trevisani

Brazil's central bank kept interest rates unchanged Wednesday after five consecutive cuts as inflation drifted away from target amid growing concern around government spending.

The bank's monetary committee held the Selic benchmark rate at 13.75%, as expected.

Write to Paulo Trevisani at paulo.trevisani@wsj.com

(END) Dow Jones Newswires

November 04, 2026 17:09 ET (22:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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