# Brazil government sets new 2026 inflation target, tweaks fulfillment time frame By Reuters

> Brazil's National Monetary Council set the 2026 inflation target at 3% and moved to a continuous 24-month horizon for assessing target compliance starting in 2025. The change confirmed market expectations and was to take effect via presidential decree.

- Date: 2023-06-29 · published 2023-06-29T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/35695-brazil-government-sets-new-2026-inflation-target-tweaks-fulfillment-time-frame
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A more flexible inflation framework improves the outlook for rate cuts, which tends to weaken the real and modestly support Brazilian export competitiveness in soy and corn.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-01-22 | [Brazilian government officials renew fiscal balance pledge](https://feedsoft.ai/events/26713-brazilian-government-officials-renew-fiscal-balance-pledge.md) | -2.8% | -5.2% |
| USDBRL | 2024-11-28 | [(USD BRL) Brazil’s Real Drops to All-Time Low as Spending Cuts Fall Flat - Bloomberg](https://feedsoft.ai/events/12461-usd-brl-brazil-s-real-drops-to-all-time-low-as-spending-cuts-fall-flat-bloomberg.md) | +1.7% | +5.6% |
| USDBRL | 2017-05-19 | [For These Die-Hard Investors, Now Is the Time to Buy Brazil - Bloomberg](https://feedsoft.ai/events/4357-for-these-die-hard-investors-now-is-the-time-to-buy-brazil-bloomberg.md) | -2.8% | -2.7% |
| USDBRL | 2024-11-29 | [Brazil's finance minister, Congress leaders seek to calm markets on tax change concerns](https://feedsoft.ai/events/12460-brazil-s-finance-minister-congress-leaders-seek-to-calm-markets-on-tax-change.md) | +1.7% | +5.6% |
| USDBRL | 2021-03-02 | [Brazilian stocks, currency fall as tax hikes spook investors - Markets - Business Recorder](https://feedsoft.ai/events/12206-brazilian-stocks-currency-fall-as-tax-hikes-spook-investors-markets-business.md) | +2.9% | +3.7% |

## Sources

- investing.com: https://www.investing.com/news/economy/brazil-may-tweak-inflation-target-time-frame-in-cmn-meeting-3116323

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