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# Banco Central do Brasil Cuts Selic Rate by 25 Basis Points to 14.75%, Opening Easing Cycle
- URL: https://www.theglobalbanker.com/banco-central-brasil-copom-cuts-selic-rate-25bp-14-75-easing-cycle-march-2026/
- Published: 2026-03-18T16:35:00.000Z
- Updated: 2026-10-02T14:31:25.000Z
- Description: Brazil's Copom unanimously cut the Selic rate to 14.75% in a calibration move after nine months on hold, marking the country's first rate reduction since May 2024.
- Author: TGB Editorial Team
- Tags: Central Banks, Americas, #archive

Brazil's Monetary Policy Committee, known as Copom, voted unanimously on Wednesday to cut the Selic benchmark interest rate by 25 basis points, bringing it to 14.75% and delivering the country's first rate reduction since May 2024\. The decision, announced on 18 March, ended a nine-month hold during which the Selic had been maintained at 15%. The committee described the move as the start of a cycle of monetary policy calibration, stressing serenity and caution as the Middle East conflict raised uncertainty.

#### NEXT MEETING

Copom will meet again in late April 2026\.