# Brazil: BCB to ease - TDS — Octa

> TD Securities revised its Brazil central bank outlook and now expects two further consecutive 50bp rate cuts, starting at this week's meeting. The forecast cites accelerating pension reform and projected net savings of 800-900 billion reais over ten years. Economists surveyed by Bloomberg are split between 25bp, 50bp and no change.

- Date: 2019-07-30 · published 2019-07-30T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/58290-brazil-bcb-to-ease-tds-octa
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Easier Brazilian monetary policy and a weaker real can make Brazilian exports cheaper in dollar terms, which tends to pressure soybean and corn export prices and supports Brazilian farm-side competitiveness.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2019-10-30 | [Brazil: BCB to cut rates by 50bps – TDS — Octa](https://feedsoft.ai/events/56777-brazil-bcb-to-cut-rates-by-50bps-tds-octa.md) | -0.1% | +6.6% |
| USDBRL | 2025-08-28 | [Brazil](https://feedsoft.ai/events/23530-brazil.md) | +0.6% | -1.7% |
| USDBRL | 2017-01-31 | [Some Thoughts on Brazil FX Policy - BBH — Octa](https://feedsoft.ai/events/73179-some-thoughts-on-brazil-fx-policy-bbh-octa.md) | +0.1% | -0.2% |
| USDBRL | 2017-09-05 | [Brazil: Rate cuts to continue](https://feedsoft.ai/events/69154-brazil-rate-cuts-to-continue.md) | -1.3% | +0.9% |
| USDBRL | 2023-10-11 | [Brazil: How higher for how longer? – Rabobank — Octa](https://feedsoft.ai/events/33833-brazil-how-higher-for-how-longer-rabobank-octa.md) | -1.0% | -3.9% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/730673/

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