# Brazil's central bank chief stresses data-driven approach to tightening cycle

> Brazil's central bank governor Gabriel Galipolo said policy decisions will rely on sufficient and diverse data as the bank continues its tightening cycle. Inflation remains above the 3% target and the Selic rate has been raised 375 basis points to 14.25%.

- Date: 2025-04-28 · published 2025-04-28T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/25315-brazil-s-central-bank-chief-stresses-data-driven-approach-to-tightening-cycle
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Higher Brazilian interest rates tend to support the real, which can lower the cost of Brazilian feed exports, but tight policy also slows domestic demand for meat and feed.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-03-12 | [FX Daily: Brazilian central bank’s line in the sand \| ING THINK](https://feedsoft.ai/events/48310-fx-daily-brazilian-central-bank-s-line-in-the-sand-ing-think.md) | -0.3% | +0.4% |
| USDBRL | 2025-03-27 | [Brazil's central bank signals need for higher rates for longer](https://feedsoft.ai/events/25807-brazil-s-central-bank-signals-need-for-higher-rates-for-longer.md) | -0.7% | -0.7% |
| USDBRL | 2018-06-08 | [Brazil Central Bank unveils $20 billion to curb dollar \| Agência Brasil](https://feedsoft.ai/events/5380-brazil-central-bank-unveils-20-billion-to-curb-dollar-agencia-brasil.md) | -5.8% | -0.6% |
| USDBRL | 2023-02-08 | [Brazil central bank autonomy becomes political punching bag for Lula](https://feedsoft.ai/events/37530-brazil-central-bank-autonomy-becomes-political-punching-bag-for-lula.md) | -0.3% | -1.2% |
| USDBRL | 2022-09-26 | [Brazil makes first FX intervention of the year - Central Banking](https://feedsoft.ai/events/39790-brazil-makes-first-fx-intervention-of-the-year-central-banking.md) | +3.1% | +0.8% |

## Sources

- marketscreener.com: https://www.marketscreener.com/quote/interest/BRAZIL-10Y-CASH-146043324/news/Brazil-s-central-bank-chief-stresses-data-driven-approach-to-tightening-cycle-49739233/

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