Brazil's central bank on Tuesday flagged caution over the impact of steeper U.S. trade tariffs, reaffirming its commitment to a policy stance aimed at lowering inflation expectations after signaling interest rates will remain on hold for long.

Brazil central bank signalled on Tuesday it is sticking to a cautious monetary policy stance as it faces the possible fallout from steep new US tariffs

Brazil’s central bank kept its interest rate steady and said it will remain on hold for the foreseeable future as policymakers stay vigilant on above-target inflation and uncertainty caused by Donald Trump’s tariffs.

On Wednesday, Brazil’s Central Bank opted to maintain the benchmark Selic interest rate at 15 percent, ending a streak of seven consecutive hikes dat

Brazil central bank is likely to keep its base Selic interest rate on hold at 15.% on July 30, keeping its tightest monetary stance.

BUENOS AIRES (Reuters) -Brazil's central bank will hold its benchmark interest rate at a two-decade high of 15% on July 30, according to a unanimous Reuters poll, although economists said it could acknowledge some moderation of inflation expectations.

Brazil’s Central Bank interrupts the cycle of Selic rate increases after seven hikes. The decision was influenced by falling inflation and signs of an economic slowdown.

Brazil’s central bank said it will keep a cautious stance on monetary policy as it works to tame above-target inflation, warning of increased uncertainty caused by US President Donald Trump’s trade tariffs.