The Copom decided to cut the benchmark interest rate by 25 points, the Lower House approved the Freight Transportation Executive Order, and the STF decided on the liability of digital platforms for third-party content

BRAZIL POLITICS - Report 18 Jun 2026 by Murillo de Aragão and Cristiano Noronha

As expected, the Central Bank’s Monetary Policy Committee (Copom) decided to cut the benchmark interest rate (Selic) by 25 percentage points, bringing it to 14.25% per year. The Lower House approved yesterday the Freight Transportation Executive Order (MP 1,343/26). The floor adopted the report approved by the Joint Committee, authored by rapporteur Congressman Zé Trovão (PL-SC). Yesterday, Brazil’s Supreme Federal Court (STF) formally announced its final ruling and legal framework regarding the liability of digital platforms for third-party content. The unanimous decision concludes the review of clarification motions related to the Civil Rights Framework for the Internet.

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