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  "path": "/2026/06/18/brazil-softens-selic-rate-but-concerns-grow-about-fiscal-stimulus-on-election-year-and-impact-of-el-nino?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss",
  "publishedAt": "2026-06-18T17:53:00.000Z",
  "site": "https://en.mercopress.com",
  "tags": [
    "Economy, Brazil"
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  "textContent": "Brazil’s central bank interest rate-setting committee, Copom, ‌unanimously voted on Wednesday to lower its benchmark Selic rate by 25 basis points to 14.25%, a level last seen in May 2025, ‌but acknowledging a tougher inflation outlook given the risks from election-year fiscal stimulus and the impact of a likely El Nino weather pattern shock.",
  "title": "Brazil softens Selic rate but concerns grow about fiscal stimulus on election year and impact of El Niño"
}