# Real trades sideways as central bank signals caution on inflation and growth

> The Brazilian real traded around R$5.45 as the central bank held the Selic rate at 13.75%, pausing its easing cycle. Policymakers cited rising inflation expectations, higher uncertainty and a more pronounced slowdown in activity.

- Date: 2026-11-05 · published 2026-11-05T21:08:10.347Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/82403-real-trades-sideways-as-central-bank-signals-caution-on-inflation-and-growth
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

High Brazilian rates support the real and carry inflows, which tends to keep the local currency firm and limit the boost to Brazilian export competitiveness for feed commodities.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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% |
| USDBRL | 2023-09-26 | [Brazil inflation accelerates as cenbank reiterates rate cut pace](https://feedsoft.ai/events/34321-brazil-inflation-accelerates-as-cenbank-reiterates-rate-cut-pace.md) | +2.3% | +0.7% |
| USDBRL | 2025-03-27 | [Brazil's central bank signals need for higher rates for longer](https://feedsoft.ai/events/25807-brazil-s-central-bank-signals-need-for-higher-rates-for-longer.md) | -0.7% | -0.7% |
| 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% |

## Sources

- pt.tradingeconomics.com: https://pt.tradingeconomics.com/brazil/currency/news/598676

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