Brazil interest rate: Central Bank of Brazil policy rate
The Central Bank of Brazil policy rate is 13.75%, in force since Sep 17, 2026. Source: Bank for International Settlements, data to Oct 27, 2026. Cut from 14.00% on Sep 17, 2026.
Rate changes
| Since | Policy rate | Change (percentage points) |
|---|---|---|
| Sep 17, 2026 | 13.75% | -0.25 |
| Aug 6, 2026 | 14.00% | -0.25 |
| Jun 18, 2026 | 14.25% | -0.25 |
| Apr 30, 2026 | 14.50% | -0.25 |
| Mar 19, 2026 | 14.75% | -0.25 |
| Jun 19, 2025 | 15.00% | +0.25 |
| May 8, 2025 | 14.75% | +0.50 |
| Mar 20, 2025 | 14.25% | +1.00 |
| Jan 30, 2025 | 13.25% | +1.00 |
| Dec 12, 2024 | 12.25% | +1.00 |
| Nov 7, 2024 | 11.25% | +0.50 |
| Sep 19, 2024 | 10.75% | +0.25 |
| May 9, 2024 | 10.50% | -0.25 |
| Mar 21, 2024 | 10.75% | -0.50 |
| Feb 1, 2024 | 11.25% | -0.50 |
| Dec 14, 2023 | 11.75% | -0.50 |
| Nov 2, 2023 | 12.25% | -0.50 |
| Sep 21, 2023 | 12.75% | -0.50 |
| Aug 3, 2023 | 13.25% | -0.50 |
| Aug 4, 2022 | 13.75% | +0.50 |
| Jun 16, 2022 | 13.25% | +0.50 |
| May 5, 2022 | 12.75% | +1.00 |
| Mar 17, 2022 | 11.75% | +1.00 |
| Feb 3, 2022 | 10.75% | +1.50 |
| Dec 9, 2021 | 9.25% | +1.50 |
| Oct 28, 2021 | 7.75% | +1.50 |
| Sep 23, 2021 | 6.25% | +1.00 |
| Aug 5, 2021 | 5.25% | +1.00 |
| Jun 17, 2021 | 4.25% | +0.75 |
| May 6, 2021 | 3.50% | +0.75 |
| Mar 18, 2021 | 2.75% | +0.75 |
| Aug 6, 2020 | 2.00% | -0.25 |
| Jun 18, 2020 | 2.25% | -0.75 |
| May 7, 2020 | 3.00% | -0.75 |
| Mar 19, 2020 | 3.75% | -0.50 |
| Feb 6, 2020 | 4.25% | -0.25 |
| Dec 12, 2019 | 4.50% | -0.50 |
| Oct 31, 2019 | 5.00% | -0.50 |
| Sep 19, 2019 | 5.50% | -0.50 |
| Aug 1, 2019 | 6.00% | -0.50 |
| Mar 22, 2018 | 6.50% | -0.25 |
| Feb 8, 2018 | 6.75% | -0.25 |
| Dec 7, 2017 | 7.00% | -0.50 |
| Oct 26, 2017 | 7.50% | -0.75 |
| Sep 8, 2017 | 8.25% | -1.00 |
| Jul 27, 2017 | 9.25% | -1.00 |
| Jun 1, 2017 | 10.25% | -1.00 |
| Apr 13, 2017 | 11.25% | -1.00 |
| Feb 23, 2017 | 12.25% | -0.75 |
| Jan 12, 2017 | 13.00% | -0.75 |
| Dec 1, 2016 | 13.75% | -0.25 |
| Oct 20, 2016 | 14.00% | -0.25 |
| Jan 1, 2016 | 14.25% | — |
Source: Bank for International Settlements (BIS), central bank policy rates, updated daily. The rate shown is the one each central bank uses to signal its policy.
Frequently asked questions
What is the interest rate in Brazil?
The Central Bank of Brazil policy rate is 13.75% (since Sep 17, 2026).
When did the Central Bank of Brazil last change its policy rate?
On Sep 17, 2026, from 14.00% to 13.75%.
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