# Brazil's Central Bank Holds Rates

- Place: Brasília, Brazil (-15.8267, -47.9218)
- Published: 2026-11-07T12:51:44.023Z · expires 2026-11-14T12:51:44.023Z
- Floors (The Arena): E10 Institutions, E12 States
- Page: https://emergencemachine.com/brief/8tk
- AI-written summary of the sources below; check them.

Brazil's central bank kept the benchmark Selic rate steady at 13.75% per year, per agenciabrasil.ebc.com.br.

The decision follows President Lula's election win, which has raised inflation fears and dampened hopes for further rate cuts, Reuters reports.

Analysts note that Lula's victory has led to a reassessment of fiscal policies, with Brazilian banks cutting growth forecasts, per finance.yahoo.com.

## Sources

- [Brazilian banks cut growth forecasts, raising fiscal stakes for Lula](https://news.google.com/rss/articles/CBMiowFBVV95cUxPc0EtQzFvSU5FQUxXcEkwRHZEM1RGamlfSC1GcjhIbWxZVUlKMU5TaEswcEYzRkxFdjJzUGdlUFJpMWpzeUljaC16VzBRazFYaVRUM0l5Nm4yV1NsWEJtc0FBSUdxOThOLWtmMU51ZS0xZy1pazV4SmY3RkZHTldsYmg2eEVPV3Q3eGZjMDJZVmdhdXpwSUJpU056THBOdjNrOGtn?oc=5) · finance.yahoo.com · 2026-11-06
- [Rate-cut hopes fade in Brazil as Lula's reelection fans inflation fears](https://news.google.com/rss/articles/CBMitgFBVV95cUxOSExFZGVLY2FoZWxselpndjRydGpIcGNrQ2twdkFTN2hLT1B4c3pyMEI5Rm5fUmNRdlZkU2NKLXlsb3NjejV4djA0ZW5wb2FyY0wxUXg4QWMtNkotVExhMDVQdTJzbHh0c2dzUkxaeGQ2NDBBQWVXd1BwNkJvNDNTcjJoNGxTNE5OSGdXMndlWlc2aGowSWxhaDVvYnJMd2pmc1Q1MkRzdzBrWjNWSW9QVFlMaDc2UQ?oc=5) · reuters.com · 2026-11-05
- [Lula's election win dashes US hopes of quick access to Brazil's rare earths](https://news.google.com/rss/articles/CBMitgFBVV95cUxNbnhUT0ZFTnpsamNBblowSmJHVXhjMEhiRzZCWVRLVk95TXFFcVAxSkxBRXhxZHJaVWdERTdTOTVtcEZTRl9mYi1wSE90Q2hqZGVHSGUzdkxLa3R6SWxHbXlBa3ktdEhGRXhra1lIaG54ZUhFQWQ3TW5XUUdVVnBhcVptaFlVdUY2b3dIMHotRFh0T1pVTGpMTmNyU3R1UUlnakRaQWVPOVpTTUp2ZkxhMk9IMWFYZw?oc=5) · reuters.com · 2026-11-05
- [Brazil’s Central Bank keeps benchmark interest rate at 13.75% per year](https://news.google.com/rss/articles/CBMivgFBVV95cUxQd0VONTM5RlhxZjVUNG9uV1RLQkZBbVA5SEZjaVZ2dGZ6V0tMMGZfWVI3eW15WGdxNmVPbVEzYWQ1SVRvbWNUZTlqbzZrRzZNeFdWSnprZ19NX2hTVC02S3BXdTlWUWF4T1ZlVThlNWxwb2pSX3QteDBTcWYyVFRtSmxjckhkdW05V3diMnR0TTFDdHZZajZlUUo1YlhRa0xpay1WbU5aOVRmMmZMY0V3eGpreFdiRHNOeTJEX2JB?oc=5) · agenciabrasil.ebc.com.br · 2026-11-05
- [Brazil's central bank ends run of rate cuts after Lula election win](https://news.google.com/rss/articles/CBMi-gFBVV95cUxPMklmUklrTENQQ2MwZFg1a2c1bUFBbU5XQ0pKX1I5WEJOcnRLamVkRnZmdXEyejNyVlV6cHVrc3NMci1rZ0E3cThJakZHLUNEUzZaRHFTWWo5R0VxUHJ1S1dwa3F5U3BURWNuLWhQa092UEMwMW5SYXJfeXVHU3Zqc3dXaWlUbjl6ZUYwMlZvOGJxR1ZyVVE3blBkWGFVVW96bDJDeUk1Q0NrdU9waHREMFFmcEZQY0N2LWdJdmdsYzIzQUNjMUJjdVlkUHZoRDZQS18xSWl3SHR2TjhtZkQ3UTdPcUw4R19fOHVVam9FdXVIdUhxWkVSbG53?oc=5) · lufkindailynews.com · 2026-11-05
- [Brazil Remains at Top of Real Interest Rate Ranking After Selic Rate Is Held Steady - 05/11/2026 - Business](https://news.google.com/rss/articles/CBMi6AFBVV95cUxPU05yWnRnM1FzU0hLSXllX0V5UWQ4QjNGQ1RNVXdZQjN3NzhvSlM1S19qYU4tUjV6VmdiR1JxMjc4UTY2ODF2ZmlqZ3hsN2MtN0hkbmlXZkF4Q0pqcFFEM2JodVJnRXRhY2Q2ZUdITjR5c2pLSlVxNUxubmhlcXlVYW9pSDBNTldtTHgzT1BGeDM3UDhjVGJIeElDZi1ycExhbzhUcjNaQzNuZnFyaVFSMWJ5LUdELWxTTEdDZTJTVm5OVUNDeFJhbkw2U1VoNWQ4bTZLekFjb3pwbTJ3cGZTM1UtSVZBZzRI?oc=5) · www1.folha.uol.com.br · 2026-11-05