Ibovespa Surges as US Rate Cut Expectations Grow

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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