Brazil · BRL
Banco Central do Brasil: next decision, current Selic rate, consensus
As of 28 October 2026.
No Banco Central do Brasil Selic rate decision date is inside the published calendar window yet; a date appears here as soon as the bank publishes its own schedule.
The Selic rate is currently 13.75%, after a -25 bp move on 16 Sep 2026.
Banco Central do Brasil rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current Selic rate | 13.75% Latest published reading, 16 Sep 2026 |
|---|---|
| Last change | -25 bp on 16 Sep 2026 |
| Next decision (UTC) | Scheduled |
| Consensus | Not published |
| Meeting frequency | ~8x/year Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | BCB |
The full Selic rate history, decision by decision, is on the Brazil policy rate page. Upcoming dates come from the published release calendar, which currently reaches 04 Nov 2026 17:27 UTC.
How Banco Central do Brasil sets policy
The Banco Central do Brasil (BCB) sets the Selic policy rate through its Copom (Monetary Policy Committee) at eight scheduled meetings per year. Brazil targets 3% inflation with a ±1.5% tolerance band, and the BCB publishes a quarterly Inflation Report.
Common questions
When is the next Banco Central do Brasil rate decision?
The next Banco Central do Brasil Selic rate decision is scheduled for Wed 04 Nov 2026 at UTC.
What is the current Banco Central do Brasil Selic rate?
The Banco Central do Brasil Selic rate is 13.75%, from the reading published on 16 Sep 2026. The last change was -25 bp on 16 Sep 2026.
How often does the Banco Central do Brasil meet?
The Selic rate series is published ~8x/year. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get Banco Central do Brasil decisions from the API?
Call GET /v1/announcements/brl/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/brl?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.