# BCB: End to easing? - TDS — Octa

> Brazil's central bank cut the Selic rate by 25 basis points to 6.75%, a new low, and signaled an end to its easing cycle. The bank kept the door open to future cuts if risks change.

- Date: 2018-02-08 · published 2018-02-08T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/66688-bcb-end-to-easing-tds-octa
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A pause in easing supports the real by limiting further rate cuts, which can make Brazilian exports slightly more expensive for buyers; the market is pricing in tightening later in 2018.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-09-26 | [EM FX Outlook: Fed Easing Helps but Divergent Trends](https://feedsoft.ai/events/28520-em-fx-outlook-fed-easing-helps-but-divergent-trends.md) | -0.8% | +4.1% |
| USDBRL | 2020-12-09 | [USD/BRL to extend the decline to 5.00 – Credit Suisse — Octa](https://feedsoft.ai/events/49855-usd-brl-to-extend-the-decline-to-5-00-credit-suisse-octa.md) | +0.6% | +6.0% |
| USDBRL | 2021-07-05 | [USD/BRL to end the year at 5.10 as the real shows its strength – MUFG — Octa](https://feedsoft.ai/events/9909-usd-brl-to-end-the-year-at-5-10-as-the-real-shows-its-strength-mufg-octa.md) | +3.0% | +1.6% |
| USDBRL | 2021-07-12 | [USD/BRL: Real should continue to find demand this summer – ING — Octa](https://feedsoft.ai/events/46263-usd-brl-real-should-continue-to-find-demand-this-summer-ing-octa.md) | -3.2% | -0.7% |
| USDBRL | 2019-07-05 | [USD/BRL: Projected at 3.70 by year-end - Rabobank — Octa](https://feedsoft.ai/events/58291-usd-brl-projected-at-3-70-by-year-end-rabobank-octa.md) | -2.2% | -0.1% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/538810/

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