Ibovespa Surges Nearly 3% as U.S. Inflation Data Fuels Rate Cut Speculations

The Ibovespa index jumped over 3,000 points following U.S. inflation data that increased expectations for further interest rate cuts by the Federal Reserve. On Wednesday, the Brazilian stock market closed with a 2.81% gain, reaching 122,650.20 points. This surge reflected broad investor enthusiasm, with only two stocks in the index closing lower. The dollar also […]

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