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Central Bank of Brazil
Too few recent speeches for a current tone.
- Speeches
- 14
- First speech
- Jan 26, 1999
- Latest speech
- Nov 20, 2025
- Tone vs coming rate moves
- Not tested
- too few speeches or no published rate
Does the tone run ahead of the rate?
Speech tone over the previous three months, and the policy rate at the end of each month, on the same timeline. Hover over either chart to read the same month in both.
Speech tone
Policy rate
Latest speeches
Each speech's tone is the average over its sentences about policy, prices, rates or the economy. Open a speech to read it in full.
| Date | Speech | Tone |
|---|---|---|
| Nov 20, 2025 | Renato Gomes | −0.02 |
| Jul 1, 2024 | Carolina de Assis Barros | −0.02 |
| Jun 10, 2015 | Alexandre Antonio Tombini | −0.16 |
| Nov 15, 2013 | Alexandre Antonio Tombini | −0.02 |
| Jun 18, 2013 | Anselmo Teng | +0.14 |
| Apr 2, 2009 | Henrique Meirelles: Regulation and international standards in Brazil, the US, the EU and Switzerland Henrique Meirelles | −0.49 |
| Jan 19, 2009 | Henrique Meirelles | −0.06 |
| Nov 21, 2008 | Henrique Meirelles | −0.10 |
| Oct 2, 2008 | Henrique Meirelles | −0.01 |
| Sep 5, 2008 | Henrique Meirelles | +0.01 |
| Jul 10, 2008 | Henrique Meirelles | +0.11 |
| Jul 13, 2004 | Paulo Sergio Cavalheiro | −0.01 |
| Jan 7, 2003 | Henrique de Campos Meirelles | +0.19 |
| Jan 26, 1999 | Francisco L. Lopes | +0.11 |