Itaú revises Selic rate forecast to 13.75%, IPCA 2026 to 5.4%

Created at 2 Jun · 00:09 UTC1 source↑ Market-relevant

IN SHORT

Itaú has updated its economic projections, revising the Selic rate forecast from 13.25% to 13.75%. Additionally, the institution increased its projection for the 2026 IPCA inflation rate from 5.2% to 5.4%.

Key Numbers

13.75%Itaú's revised Selic rate forecast

13.25%Itaú's previous Selic rate forecast

5.4%Itaú's revised 2026 IPCA projection

5.2%Itaú's previous 2026 IPCA projection

Who's Involved

Itaú

financial institution revising economic forecasts

Key facts

Itaú revised the Selic rate forecast to 13.75%.
Itaú raised the 2026 IPCA projection to 5.4%.

Itaú's revisions to the Selic rate and IPCA projections provide insight into the expected monetary policy and inflation trajectory in Brazil. Changes in these forecasts can influence investor sentiment and market expectations for interest rates and the broader economy.

↳ Why This Matters

FREQUENTLY ASKED

The Selic rate is the benchmark interest rate set by the Central Bank of Brazil, influencing all other interest rates in the economy.

The IPCA (Índice Nacional de Preços ao Consumidor Amplo) is Brazil's official inflation index, measuring price changes for a basket of goods and services.

A higher Selic forecast suggests a tighter monetary policy stance, potentially aimed at curbing inflation. The increased IPCA projection indicates expectations of higher inflation in 2026.

Itaú revises Selic rate forecast to 13.75%, IPCA 2026 to 5.4%

PiQ Daily

Key facts

Itaú revises Selic rate forecast to 13.75%, IPCA 2026 to 5.4%

PiQ Daily

Key facts

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