Central Bank of Brazil

Money Moves

The October 19 Focus survey raised the 2027 inflation median to 4.32%; markets still expect two more quarter-point cuts this year, to 13.25%, with the next decision on November 4

September's 0.82% monthly rise pushed Brazil's 12-month inflation to 4.58%, above the central bank's 4.5% ceiling. The Focus survey on October 19 held its 2026 forecast at 5.22%, ending a four-week run of increases, and raised the 2027 median to 4.32%.

Updated 2 days ago

Money Moves

Publishes the monthly credit statistics that set default and interest-rate records

Brazilian banks reported their highest loan-default rate since records began in 2011. The share of non-earmarked loans more than 90 days overdue hit 6.6% in August, and household borrowers drove the increase: their default rate on those loans reached 8%.

Updated Sep 30

Money Moves

Regulator overseeing the cleanup

Brazil's central bank ordered the extrajudicial liquidation of two asset-management firms on September 3, 2026, citing 'serious violations' of financial rules. Trustee DTVM and Banvox DTVM are tied to failed Banco Master SA and its alleged orchestrator, Daniel Vorcaro.

Updated Sep 4