BRAZIL · MARKETS

Key Facts

—What happened: The Brazil Focus survey cut the 2026 inflation forecast to 5.01% and growth to 1.92% on Monday.

—How small the moves: Inflation fell 0.01 point, its first weekly drop, and growth fell for a second straight week.

—The interest path: Economists still see the Selic rate at 13.75% at year-end, against 14.00% today.