Brazil maintains the world's highest real interest rate
According to the MoneYou ranking, Brazil's real rate stands at 8.45% after the fifth consecutive cut announced by Copom
TL;DR
- Brazil leads the world in real interest rates at 8.45% after the Selic rate was reduced from 14% to 13.75%.
- Russia and Colombia follow Brazil in the real interest rate ranking.
- In terms of nominal interest rates, Brazil drops to fourth place with a 13.75% rate, behind Turkey, Argentina, and Russia.
- Globally, 72.56% of economies maintained their interest rates, 21.34% raised them, and 6.10% cut them, according to MoneYou's broader analysis.
- Increased inflation expectations, partly due to Middle East conflict uncertainties, have lowered real interest rates in many monitored economies.