Brazil policy interest rate
Selic target rate (meta para a taxa Selic) set by the Comitê de Política Monetária (Copom) of the Banco Central do Brasil. Effective the business day after each Copom decision.
| Current value | 14.25 percent |
|---|---|
| In force from | 2026-06-18 |
| Official source | Banco Central do Brasil — Histórico da taxa Selic meta (SGS série 432); decision of the 279ª reunião do Copom, 17 Jun 2026 |
| Last verified | 2026-07-15 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Cut 25bps to 14.25% at the 279th Copom meeting (16-17 Jun 2026), the third consecutive cut after the tightening cycle peaked at 15.00%. Verified against BCB SGS series 432 (Meta Selic definida pelo Copom): value 14.25 from 18/06/2026. Copom minutes (ata) 279: https://www.bcb.gov.br/content/copom/atascopom/Copom279-not20260617279.pdf . CMN inflation target is 3.0% (tolerance +/-1.5pp). Next Copom meeting scheduled late July 2026 — re-verify then.
Earlier values
Get it programmatically
curl https://latamref.dev/v1/br/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/br/policy-rate/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/br/policy-rateOther Brazil series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates · official exchange rates