The financial markets experienced another day of rising interest rates. This marks the third consecutive session of increases. Investors closely watched the U.S. presidential race and awaited fiscal measures from the Brazilian government. The DI rates for January 2025 closed at 11.256%, up from the previous 11.25%. This rate reflects short-term expectations for the Selic […]
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Brazil’s central bank cuts interest rate amid economic considerations
The Central Bank of Brazil has reduced the country’s basic interest rate by 0.50 percentage points to 13.25% annually, the first decrease in nearly three years since September 2020. The decision follows pressure from the progressive leader, Luiz Inácio Lula da Silva, who, since taking his third term in office in January, has been urging […]
Morgan Stanley Backs Brazilian Malls: Iguatemi and Allos Shine
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