Selic should reach 15.25% by June, projects ANBIMA’s Macroeconomic Advisory Group

On 27/01/2025, the Brazilian Financial and Capital Markets Association issued an update regarding Selic should reach 15.25% by June, projects ANBIMA's Macroeconomic Advisory Group. The group forecasts a 0.50 percentage point increase in interest rates in March, May, and June, reaching 15.25% by year-end 2025. The projections for inflation, measured by IPCA, were revised to 5.6%, with the expectation of further divergence from the target ceiling (4.5%). The exchange rate estimates also changed, with a revised forecast for the dollar at R$6.10 by year-end.