{
  "id": 8038194,
  "title": "Central Bank cuts Brazil’s benchmark interest rate to 13.75% per year",
  "url": "https://urgent.news/2026/09/17/central-bank-cuts-brazils-benchmark-interest-rate-to-13-75-per-year",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T13:55:00.000Z",
  "source": {
    "name": "Agencia Brasil",
    "slug": "agencia-brasil",
    "url": "https://agenciabrasil.ebc.com.br/en/economia/noticia/2026-09/central-bank-cuts-brazils-benchmark-interest-rate-1375-year"
  },
  "original_language": "en",
  "account": "Brazil's Central Bank reduced its benchmark interest rate for the fifth straight time on Wednesday, cutting the Selic rate to 13.75 percent per year. The Monetary Policy Committee voted unanimously to decrease the rate by 0.25 percentage points. This decision comes amid ongoing tensions in the Middle East and concerns about monetary policy in advanced economies. The Selic rate is the Central Bank's primary tool for controlling official inflation, which stood at -0.32 percent in August, the lowest level in four years. The Central Bank had previously raised its IPCA inflation forecast for 2026 from 3.9 to 5.2 percent but will revise the estimate due to recent inflation declines. Market forecasts now predict annual inflation to reach 4.9 percent, slightly above the target range of 4.5 percent. Lowering the benchmark interest rate makes credit cheaper, encouraging production and consumption while putting pressure on inflation control. The Central Bank must be confident that prices remain stable before cutting the Selic rate.",
  "summary": "Despite tensions surrounding the war in the Middle East and the El Niño, Brazil’s Central Bank cut interest rates for the fifth consecutive time. The Monetary Policy Committee unanimously reduced the Selic rate – Brazil’s benchmark interest rate – by 0.25 percentage points, to 13.75 percent per year. Notícias relacionadas: Brazil’s August inflation comes in -0.32%, lowest in four years. Brazil’s…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Japanese Yen awaits fresh direction from Bank of Japan interest rate decision",
        "url": "https://urgent.news/2026/09/17/japanese-yen-awaits-fresh-direction-from-bank-of-japan-interest-rate",
        "published": "2026-09-17T17:48:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}