Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates. In 2025, Brazil's Central Bank set the monetary policy rate at 14.38 percent, up from 10.96 percent in the previous year.
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Economic Commission for Latin America and the Caribbean. (April 15, 2026). Monetary policy rate in Brazil from 2005 to 2025 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 21, 2026, from /statistics/1060286/brazil-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary policy rate in Brazil from 2005 to 2025." Chart. April 15, 2026. ÌÇÐÄÆÆ½â°æ. Accessed July 21, 2026. /statistics/1060286/brazil-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. (2026). Monetary policy rate in Brazil from 2005 to 2025. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 21, 2026. /statistics/1060286/brazil-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary Policy Rate in Brazil from 2005 to 2025." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 15 Apr 2026, /statistics/1060286/brazil-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean, Monetary policy rate in Brazil from 2005 to 2025 ÌÇÐÄÆÆ½â°æ, /statistics/1060286/brazil-monetary-policy-rate/ (last visited July 21, 2026)
Monetary policy rate in Brazil from 2005 to 2025 [Graph], Economic Commission for Latin America and the Caribbean, April 15, 2026. [Online]. Available: /statistics/1060286/brazil-monetary-policy-rate/