Brazil central bank holds interest rates, signals easing in March

BY Reuters | ECONOMIC | 01/28/26 04:43 PM EST

SAO PAULO, Jan 28 (Reuters) - Brazil's central bank held interest rates at ?a near two-decade ?high on Wednesday ?and signaled it ?would ?begin cutting them at ?its next ?meeting in March, noting the importance ?of "serenity ?regarding ?the pace and the magnitude of the easing ?cycle."

The bank's rate-setting committee, known as Copom, unanimously voted to ?leave ?the benchmark Selic rate at ?15%, its highest since July 2006, in line with expectations from 32 of ?35 economists polled by Reuters. (Reporting by Marcela Ayres Editing ?by Brad Haynes)

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