MARKETS · MONETARY POLICY
Key Facts
—The June 8 Focus survey lifted the median 2026 Selic forecast from 13.25% to 13.50%, the first increase after a stretch of stability.
—The 2027 Selic forecast also rose, from 11.25% to 11.50%, while 2028 and 2029 held at 10.00%.
—The 2026 IPCA inflation estimate climbed from 5.09% to 5.11%, its 13th straight weekly rise and four weeks ago it stood at 4.91%.
















