**Brazil's Central Bank (BCB) Copom is widely expected to deliver another 25 basis point Selic cut at its November 2026 meeting, with market-implied odds at 60.5% reflecting recent economic cooling and shifting political dynamics.** Inflation has moderated to around 4.4% year-over-year as of July 2026, while activity indicators point to slower growth, giving policymakers room to ease from the current 14.00% Selic rate amid a still-restrictive stance relative to the 3% target. A tight presidential election race has introduced uncertainty over fiscal and monetary policy from 2027 onward, prompting traders to price in at least one additional quarter-point reduction this year and supporting the elevated probability of a measured November move. The BCB has emphasized data dependence and an upward tilt to inflation risks, keeping larger 50+ basis point cuts at low single-digit odds while making a hike or pause far less likely given the incoming information flow.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated25 bps decrease 61%
No Change 31%
50+ bps decrease 5.6%
25 bps increase <1%
$13,148 Vol.
$13,148 Vol.
50+ bps increase
<1%
25 bps increase
1%
No Change
31%
25 bps decrease
61%
50+ bps decrease
6%
25 bps decrease 61%
No Change 31%
50+ bps decrease 5.6%
25 bps increase <1%
$13,148 Vol.
$13,148 Vol.
50+ bps increase
<1%
25 bps increase
1%
No Change
31%
25 bps decrease
61%
50+ bps decrease
6%
The resolution source will be official information from the Bank of Brazil, including the statement or release from its November 2026 Monetary Policy Committee meeting, scheduled for November 3-4, 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 November 2026 Monetary Policy Committee 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: Aug 4, 2026, 6:30 PM ET
Resolver
0x69c47De9D...The resolution source will be official information from the Bank of Brazil, including the statement or release from its November 2026 Monetary Policy Committee meeting, scheduled for November 3-4, 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 November 2026 Monetary Policy Committee 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...**Brazil's Central Bank (BCB) Copom is widely expected to deliver another 25 basis point Selic cut at its November 2026 meeting, with market-implied odds at 60.5% reflecting recent economic cooling and shifting political dynamics.** Inflation has moderated to around 4.4% year-over-year as of July 2026, while activity indicators point to slower growth, giving policymakers room to ease from the current 14.00% Selic rate amid a still-restrictive stance relative to the 3% target. A tight presidential election race has introduced uncertainty over fiscal and monetary policy from 2027 onward, prompting traders to price in at least one additional quarter-point reduction this year and supporting the elevated probability of a measured November move. The BCB has emphasized data dependence and an upward tilt to inflation risks, keeping larger 50+ basis point cuts at low single-digit odds while making a hike or pause far less likely given the incoming information flow.
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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