EconomicBrazil·Unpinned15 Oct 2026
Brazil interest rate cut probability reaches 86.5% before retail sales data
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Traders on Polymarket priced an 86.5% probability of a 25-basis-point Selic rate cut at the upcoming 3–4 November Copom meeting. This market sentiment preceded the release of August retail sales data, which analysts forecast to grow 0.7% month-on-month and 1.5% year-on-year. The Ibovespa index opened above the 200,000-point threshold, while the USD/BRL…
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Rio Times
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