The wait is over. The central bank cut its key rate to 14.25% last night, a third straight reduction, but gave no hint of what comes next.

It was the US Federal Reserve that rattled markets more, holding rates but striking a tougher tone. The Bovespa slipped and the dollar firmed on the news.

The weather, at least, is all good news. At 23°C and dry, today is bright and settled, and it stays that way into a warm weekend.

It is also match eve. Brazil face Haiti tomorrow night, and the city’s mood is lifting toward a game it badly needs to win.

Rio de Janeiro Daily Brief for Thursday, June 18, 2026. Photo: The Rio Times archive.