# Brazilian Real: Rate cuts may support BRL against US Dollar - Societe Generale

> Societe Generale says the Brazilian real largely ignored softer mid-August IPCA inflation, which fell to 4.24% from 4.52%. The bank expects the central bank to cut rates in September and then pause into the October election. USD/BRL is seen in a narrow range with support near 5.05.

- Date: 2026-08-27 · published 2026-08-27T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/18105-brazilian-real-rate-cuts-may-support-brl-against-us-dollar-societe-generale
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A easing cycle could draw bond inflows and firm the real, which lowers Brazilian feed-ingredient export competitiveness at the margin. The bank also notes agricultural export strength could support BRL if El Niño disrupts global harvests.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-11-16 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/33375-strong-dollar-inflows-support-brazilian-real.md) | +0.6% | +0.8% |
| USDBRL | 2023-04-11 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/36624-strong-dollar-inflows-support-brazilian-real.md) | -2.7% | -1.8% |
| USDBRL | 2026-07-29 | [Brazilian Real Gains as Fed Holds Rates](https://feedsoft.ai/events/18564-brazilian-real-gains-as-fed-holds-rates.md) | -0.0% | +0.7% |
| USDBRL | 2026-01-28 | [Brazilian real leads global rally as dollar extends sharp decline](https://feedsoft.ai/events/21252-brazilian-real-leads-global-rally-as-dollar-extends-sharp-decline.md) | +0.2% | -1.5% |
| USDBRL | 2022-01-23 | [Foreign investors pare bets against Brazilian real](https://feedsoft.ai/events/43351-foreign-investors-pare-bets-against-brazilian-real.md) | -0.5% | -5.5% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/brazilian-real-rate-cuts-may-support-brl-against-us-dollar-societe-generale-202608270818

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.