The Ibovespa index, Brazil’s primary stock market benchmark, soared, surpassing 129,000 points with a notable 1.25% increase, closing at 129,124.83 points. This rally was fueled by the Federal Reserve’s indications that it might cut interest rates in the coming years, boosting investor confidence globally. The Federal Reserve projected most officials anticipate at least three rate […]
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Brazil Sees Record Low in External Deficits
In November, Brazil’s external accounts registered a $1.6 billion deficit, the lowest for this month in seven years. The Central Bank released this data, showing a significant change from past years. This decrease stems from a positive shift in the trade balance, which reached $6.7 billion. This balance compares the country’s exports and imports. Notably, […]