Description: The Brazil Interest Rate Expectations Curve (Selic) represents the term structure of market expectations for the Selic policy rate over time, based on forecasts collected by the Central Bank of Brazil through the Focus Survey. It aggregates median projections across multiple future horizons, typically covering several calendar years. This series provides a forward-looking view of expected monetary policy, offering insights into anticipated interest rate paths, policy credibility, and the expected stance of monetary conditions across short, medium, and long-term horizons.