
Monetary policyBrazil· 14 min ago
Brasília spending drift undermines central bank commitment to forty basis point easing
EventEdge before
58%
EventEdge now
64%
Change
+6 pts
Market price
48¢
Divergence
+16 pts
Confidence
72
What caused it — Copom Monetary Policy Decision and Statement
Watching next — EventEdge estimates a 64% probability of a hawkish hold or smaller cut due to unanchored inflation expectations. The consensus underestimates the central bank’s sensitivity to recent currency depreciation and fiscal expansion.