# Central bank opens rate decision amid shifting market expectations | CNN Brasil

> Brazil's central bank Copom began its penultimate 2026 meeting, with the rate decision due Wednesday. Market expectations flipped after the presidential runoff, with most investors now betting on holding the Selic rate at 13.75% rather than a cut.

- Date: 2026-11-03 · published 2026-11-03T09:09:11.479Z
- Category: macro · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/77371-central-bank-opens-rate-decision-amid-shifting-market-expectations-cnn-brasil
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Higher rates and a weaker real raise financing and input costs for Brazilian producers and feed manufacturers, and a stronger dollar supports Brazilian export competitiveness for soy and corn.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-05-09 | [Brazil markets fall as central bank split decision triggers concern about dovish turn](https://feedsoft.ai/events/30475-brazil-markets-fall-as-central-bank-split-decision-triggers-concern-about.md) | +1.3% | +3.8% |
| USDBRL | 2018-05-18 | [EMERGING MARKETS-Brazil real slumps despite intervention amid emerging market selloff](https://feedsoft.ai/events/9713-emerging-markets-brazil-real-slumps-despite-intervention-amid-emerging-market.md) | -1.8% | +1.2% |
| USDBRL | 2020-03-18 | [Brazil central bank FX, bond intervention fails to prevent market rout](https://feedsoft.ai/events/6393-brazil-central-bank-fx-bond-intervention-fails-to-prevent-market-rout.md) | +1.1% | +3.8% |
| USDBRL | 2026-03-18 | [Brazil central bank kicks off easing with cautious 25-bp cut after oil shock \| MarketScreener](https://feedsoft.ai/events/20382-brazil-central-bank-kicks-off-easing-with-cautious-25-bp-cut-after-oil-shock.md) | +1.2% | -4.0% |
| USDBRL | 2020-03-04 | [Brazil central bank to intervene in FX swaps market on Thursday](https://feedsoft.ai/events/54310-brazil-central-bank-to-intervene-in-fx-swaps-market-on-thursday.md) | +4.1% | +15.5% |

## Sources

- cnnbrasil.com.br: https://www.cnnbrasil.com.br/economia/money/macroeconomia/bc-abre-decisao-sobre-juros-em-meio-a-mudanca-das-expectativas-do-mercado/

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