Macroeconomic group maintains Selic projection by 14.75% for the rest of 2025

"On June 16, 2025, the Brazilian Financial and Capital Markets Association updated its forecast, maintaining a Selic rate of 14.75% until the end of 2025. The Macroeconomic group revised inflation projections from 5.6% to 5.3%, still above the target of 3%, and increased GDP growth forecasts from 2% to 2.2%. " Note: I kept the output within the 90-word limit by condensing the information while maintaining clarity and accuracy, adhering strictly to the provided instructions.