Brazil · BRL
Banco Central do Brasil: next decision, current Selic rate, consensus
As of 15 September 2026.
The next Banco Central do Brasil Selic rate decision is scheduled for Wed 16 Sep 2026 at 21:30 UTC (18:30 America/Sao_Paulo).
The Selic rate is currently 14%, after a -25 bp move on 06 Aug 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 | 14% Latest published reading, 06 Aug 2026 |
|---|---|
| Last change | -25 bp on 06 Aug 2026 |
| Next decision (UTC) | Scheduled · local 16 Sep 18:30 (UTC-03:00) |
| 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.
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 16 Sep 2026 at 21:30 UTC, which is 16 Sep 18:30 (UTC-03:00) in the market's own time zone.
What is the current Banco Central do Brasil Selic rate?
The Banco Central do Brasil Selic rate is 14%, from the reading published on 06 Aug 2026. The last change was -25 bp on 06 Aug 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.