Decision day is almost here. The central bank’s rate-setting committee meets today and tomorrow, with the call on interest rates due tomorrow evening.

It is a genuinely open decision. A small cut is the favourite, but inflation forecasts have crept higher, and a hold is no longer off the table.

The weather matches the mood. At 21°C with a 60% chance of rain, today is the wettest of the week — one to keep indoors and well planned.

Brighter news ahead, though. The skies clear from Thursday, and Friday — when Brazil face Haiti — looks warm and dry, a fine end to the week.

Rio de Janeiro Daily Brief for Tuesday, June 16, 2026. Photo: The Rio Times archive.