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After 15 Weeks, Brazil’s Inflation Forecasts Finally Stop Rising

Javier Mendoza· ·7 min read · 0 reactions · 0 comments · 2 views
After 15 Weeks, Brazil’s Inflation Forecasts Finally Stop Rising

The Brazil Focus survey paused after fifteen weeks of rising inflation forecasts, holding the IPCA and Selic calls steady as the long view worsened.

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The Rio Times · Javier Mendoza
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Markets Brazil After 15 Weeks, Brazil’s Inflation Forecasts Finally Stop Rising By Javier Mendoza · June 30, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Markets Key Facts —The survey. The Boletim Focus is the Brazilian central bank’s weekly poll of more than one hundred banks and economists, published every Monday. —The pause. On June 29 the 2026 inflation forecast held at 5.33%, the first time it has not risen in fifteen straight weeks. —Still high. That 5.33% sits above the 4.5% ceiling of the official target, whose centre is 3%. —The rate. The year-end Selic call held at 14.00%, implying just one more quarter-point cut from today’s 14.25%. —The long view.

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