Interest Rates
Copom cuts Selic by 0.25 pp to 14.5% per year
Reported by AI Image generated by AI
Brazil's Central Bank's Monetary Policy Committee (Copom) cut the Selic rate by 0.25 percentage points to 14.5% per year in a unanimous decision on Wednesday, April 29, 2026. The committee adopted a cautious tone due to inflationary risks and external uncertainties, particularly Middle East conflicts. Analysts had expected the move and condition further cuts on new data.
Banco Central president Gabriel Galípolo called for caution in Brazil's interest rate policy on Monday amid global uncertainties from the Iran war. Speaking at a seminar in Rio de Janeiro, he stressed taking safer steps to address inflation pressures. Former BC president Arminio Fraga criticized the government's fiscal policy for not supporting the central bank.
Reported by AI
Egypt's Central Bank Monetary Policy Committee is expected to hold interest rates unchanged at its Thursday meeting, following cuts in December 2025 and February 2026. The decision comes amid rising core inflation and geopolitical risks. Experts describe the hold as the most prudent option to maintain stability.
The rupiah rebounded at Thursday's market opening in Jakarta on January 22, 2026, reversing the previous day's weakening toward Rp17,000 per US dollar. The gain was driven by market euphoria over Bank Indonesia's decision to maintain the benchmark interest rate at 4.75 percent, alongside government fiscal measures for economic recovery. Analysts forecast trading in the Rp16,900-Rp16,950 range.
Reported by AI
After a surprising 33% rise in 2025, Brazil's Ibovespa index is set for further gains in 2026, fueled by presidential elections and expected interest rate cuts. Experts anticipate volatility but an overall upward path. International dynamics and domestic policy shifts will influence the market.
The Bank of Japan decided on December 19 to raise its short-term policy rate target from 0.5% to 0.75%, marking a 30-year high since 1995 and the first increase since January. The move anticipates wage hikes and aims to achieve the 2% inflation target amid elevated inflation and a weak yen.
Reported by AI
The Composite Stock Price Index (IHSG) opened up 0.32% at 8,705 on Thursday, December 18, 2025, following Bank Indonesia's (BI) decision to hold the benchmark rate at 4.75%. Analysts predict consolidation today, though the medium-term trend remains upward.
Sarb holds repo rate at 6.75% amid Iran war risks
February 27, 2026 20:31Superfinanciera raises usury rate to 25.52% in March
February 16, 2026 08:40Macro factors to shape Bitcoin's next price move
February 11, 2026 08:28Strong expectations for 1-2% cut in Egypt's interest rates
January 30, 2026 17:56Banco de la República hikes interest rate to 10.25% amid inflation surge and minimum wage controversy
December 19, 2025 22:23Bank of Japan raises rates as yen weakens
December 19, 2025 19:56Central bank keeps interest rates at 9.25%
December 19, 2025 17:35Bitcoin rallies to $88,000 after Bank of Japan rate hike
December 19, 2025 15:57Seoul shares close higher on eased AI bubble concerns
December 18, 2025 15:43Banxico cuts interest rate to 7% at end of 2025