Ibovespa Begins February on a Excessive Observe, Fueled by Petrobras Surge
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On February 1st, the Ibovespa index rebounded, rising 0.45% to 128,332.83 factors. This uptick got here after key financial coverage bulletins in each Brazil and the US.
The Federal Open Market Committee (FOMC) held US rates of interest regular, a transfer anticipated by the market.
Consideration then shifted to Federal Reserve Chairman Jerome Powell’s cautious stance on charge cuts, emphasizing the objective of reaching a sustainable 2% inflation charge.
In Brazil, the Central Financial institution’s Financial Coverage Committee (
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