Recent moderation in Brazilian economic activity and underlying inflation measures has supported gradual Selic easing, yet the closely matched Polymarket odds—No Change at 36% and a 25-basis-point cut at 31%—reflect persistent uncertainty around the December 2026 Copom decision. Inflation expectations remain unanchored near 4.9% for year-end 2026, well above the 3% target, while demand pressures and external risks from Middle East tensions continue to warrant a restrictive policy stance. The latest Focus survey implies one additional 25 bp reduction this year to 13.50%, but elevated volatility and fiscal considerations ahead of elections could shift the data-dependent path. Traders price in a cautious calibration cycle rather than aggressive cuts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNo Change 36%
25 bps decrease 31%
25 bps increase 12.1%
50+ bps decrease 12%
50+ bps increase
2%
25 bps increase
11%
No Change
36%
25 bps decrease
31%
50+ bps decrease
12%
No Change 36%
25 bps decrease 31%
25 bps increase 12.1%
50+ bps decrease 12%
50+ bps increase
2%
25 bps increase
11%
No Change
36%
25 bps decrease
31%
50+ bps decrease
12%
The resolution source will be official information from the Bank of Brazil, including the statement or release from its December 2026 Monetary Policy Committee meeting, scheduled for December 8-9, 2026, as listed on the official Bank of Brazil calendar (https://www.bcb.gov.br/en/about/bcb-calendar?categoria=Monetary%20Policy%20Committee%20(Copom)). This market may resolve as soon as the statement or release of the Bank of Brazil’s Monetary Policy Committee resulting from its December 2026 meeting with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
Market Opened: Sep 18, 2026, 7:57 PM ET
Resolver
0x69c47De9D...The resolution source will be official information from the Bank of Brazil, including the statement or release from its December 2026 Monetary Policy Committee meeting, scheduled for December 8-9, 2026, as listed on the official Bank of Brazil calendar (https://www.bcb.gov.br/en/about/bcb-calendar?categoria=Monetary%20Policy%20Committee%20(Copom)). This market may resolve as soon as the statement or release of the Bank of Brazil’s Monetary Policy Committee resulting from its December 2026 meeting with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
Resolver
0x69c47De9D...Recent moderation in Brazilian economic activity and underlying inflation measures has supported gradual Selic easing, yet the closely matched Polymarket odds—No Change at 36% and a 25-basis-point cut at 31%—reflect persistent uncertainty around the December 2026 Copom decision. Inflation expectations remain unanchored near 4.9% for year-end 2026, well above the 3% target, while demand pressures and external risks from Middle East tensions continue to warrant a restrictive policy stance. The latest Focus survey implies one additional 25 bp reduction this year to 13.50%, but elevated volatility and fiscal considerations ahead of elections could shift the data-dependent path. Traders price in a cautious calibration cycle rather than aggressive cuts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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