# Brazil inflation accelerates as cenbank reiterates rate cut pace

> Brazil's annual inflation accelerated to 5.00% in mid-September, according to statistics agency data released Tuesday, in line with market expectations. The central bank signaled it will maintain its current pace of rate cuts.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/34321-brazil-inflation-accelerates-as-cenbank-reiterates-rate-cut-pace
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A firm real-rate backdrop that keeps the central bank easing gradually gives limited support to the real, so export-oriented Brazilian soy and corn sellers face little near-term currency tailwind.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-08-25 | [USD/BRL Flat As Investors Brace for Rate Hikes Amid Higher Inflation](https://feedsoft.ai/events/45758-usd-brl-flat-as-investors-brace-for-rate-hikes-amid-higher-inflation.md) | -2.6% | -0.1% |
| USDBRL | 2025-02-03 | [Trump's tariffs raise fears Brazil's central bank is out of step on inflation](https://feedsoft.ai/events/26256-trump-s-tariffs-raise-fears-brazil-s-central-bank-is-out-of-step-on-inflation.md) | -0.9% | +0.8% |
| USDBRL | 2020-06-09 | [Brazil central bank watching FX, commodities impact on inflation \| 1330 & 101.5 WHBL](https://feedsoft.ai/events/52815-brazil-central-bank-watching-fx-commodities-impact-on-inflation-1330-and-101-5.md) | +6.6% | +9.7% |
| USDBRL | 2022-12-07 | [Brazil Holds Key Rate at 13.75% as Lula’s Spending Plan Adds to Inflation Risk - Bloomberg](https://feedsoft.ai/events/38433-brazil-holds-key-rate-at-13-75-as-lula-s-spending-plan-adds-to-inflation-risk.md) | +0.5% | +2.7% |
| USDBRL | 2021-12-08 | [Brazil central bank makes 150 bps interest rate hike, signals another](https://feedsoft.ai/events/43827-brazil-central-bank-makes-150-bps-interest-rate-hike-signals-another.md) | +0.7% | +1.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/emerging/brazil-inflation-accelerates-cenbank-reiterates-rate-cut-pace-2023-09-26/

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