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.
Wrap up warm today. At 18°C it is the cold end of a São Paulo winter, but dry and clear, with the chill easing into a milder Friday.
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.
São Paulo Daily Brief for Thursday, June 18, 2026. Photo: The Rio Times archive.
