On February 1st, the Ibovespa index rebounded, rising 0.45% to 128,332.83 points. This uptick came after key monetary policy announcements in both Brazil and the US. The Federal Open Market Committee (FOMC) held US interest rates steady, a move anticipated by the market. Attention then shifted to Federal Reserve Chairman Jerome Powell’s cautious stance on […]
Related Posts
Balneário Camboriú surpasses São Paulo and Rio: Brazil’s emerging residential hotspot
Contrary to popular belief, São Paulo and Rio de Janeiro aren’t Brazil’s cities with the highest residential property prices per square meter. Instead, the top three spots belong to Balneário Camboriú and Itapema in the Southern Santa Catarina state and Vitória in Espirito Santo. São Paulo ranks fourth, followed by Florianópolis (Santa Catarina), Itajaí (Santa […]
Chile’s Economy Marks Strongest Growth in Two Years
Chile’s economy is showcasing signs of robust growth, with a notable 4.5% increase in February, the highest in almost two years. This resurgence is a continuation of positive trends, significantly bolstered by a mix of government interventions and market dynamics during challenging times. The rise, reported by the Central Bank, indicates a broad-based recovery extending […]
Santa Catarina Reaches Record Agricultural Production Value in 2023
In 2023, Santa Catarina set a new record for agricultural production value (VPA), reaching R$64.3 billion ($12.6 billion), surpassing the previous year’s record by 6.6%. Livestock production made up 52.6% of this value, including dairy, pork, chicken, and cattle for slaughter. The 44th edition of Epagri’s annual Agriculture Synthesis report provides comprehensive data about Santa […]