Banks › Banco Central do Brasil › History › 29 Jan 2025

Banco Central do Brasil: decision of 29 January 2025

Banco Central do Brasil raised the Selic rate target by 100 bp to 13.25% on 29 January 2025.

Decision

raise

Rate: 12.25%↑13.25%
Change: +100 bp
Announced: 21:30 UTC18:30 Sao Paulo time

Sources

Statement: bcb.gov.br/en/monetarypolicy/copomstatem…
Recorded: 29 Jan 2025
Data: JSON

The bank's statement, linked above, is the full record of this decision.

Before and after

Next decision: 19 Mar 2025, raised the Selic rate target by 100 bp to 14.25%.
All Banco Central do Brasil decisions and the rate history

Macro Index records decisions as each central bank publishes them and makes no forecasts. Spotted an error? Report it.