Jul. 8 at 2:08 AM
$STNE $PAGS $NU
Copom’s projection for 2026 inflation stands at 3.6%, reflecting ongoing inflationary risks, including strong services inflation, policy-driven exchange rate pressures, and unanchored long-term expectations
But the SELIC rate as of June 2025 is at 15%.
Why there is a huge gap between inflation and interest rate? This tells me that their official inflation numbers may not reflect the actual inflation that Brazilians are actually experiencing.