With uncertainties in the external scenario, the Macroeconomic Group reduces its Selic forecast for the end of the year

News Corporate Finance & M&A Reports

Date: 7th May, 2025 Source: Brazilian Financial and Capital Markets Association Country: Brazil Original Source

Brief

On July 5, 2025, the Brazilian Financial and Capital Markets Association updated its forecast regarding the Selic rate. The Macroeconomic Group reduced its projection for the end of 2025 to 14.75% per annum, a decrease of 0.25 percentage points from its previous estimate in March. This adjustment reflects market uncertainties stemming from the US government's tariff war, which may favor the Brazilian real against the dollar. The forecast for the US dollar has also receded from R$6 to R$5.87.

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Brazilian Financial and Capital Markets Association

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With uncertainties in the external scenario, the Macroeconomic Group reduces its Selic forecast for the end of the year

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With uncertainties in the external scenario, the Macroeconomic Group reduces its Selic forecast for the end of the year

Brief

Brazilian Financial and Capital Markets Association

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