As we reported, June's inflation rate was the lowest in years, bringing 12-month inflation within the government's target for the first time since 2020. And, in the early days of August, the Central Bank lowered Brazil's benchmark interest rate for the first time in months. Editor-in-chief Gustavo Ribeiro and reporter Diogo Rodriguez explain what's behind the monetary authority's decision and what it means for the political and economic scenario in the coming months.
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