Increased!

The Central Bank Monetary Policy Committee has increased to Selic to 13.25% per year. The Central Bank Monetary Policy Committee has increased to Selic to 13.25% per year.

With this increase credit, financing and purchase of vehicles are more expensive. With this increase credit, financing and purchase of vehicles are more expensive.

The meeting was led by Gabriel Galipolo President of the Central Bank appointed by Lula. The meeting was led by Gabriel Galipolo President of the Central Bank appointed by Lula.

The Selic rate is the main means that the Central Bank has to control inflation. The Selic rate is the main means that the Central Bank has to control inflation.

Selic increased consumption as products are more expensive. Selic increased consumption as products are more expensive.

When consumption is lower, it gets larger and economic activity increases. When consumption is lower, it gets larger and economic activity increases.

Financing are affected with the high selic. Financing are affected with the high selic.

Loans also have higher fees, making it more expensive to take loans. Loans also have higher fees, making it more expensive to take loans.

With Selic Alta, investments such as Treasury Direto start to pay more. With Selic Alta, investments such as Treasury Direto start to pay more.