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2024

Ibovespa Rises Amid Unchanged U.S. Interest Rates and Global Tensions

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Despite widely held expectations, the U.S. Federal Reserve’s decision to maintain interest rates between 5.25% and 5.50% sparked significant global market movements. This contributed to Brazil’s Ibovespa index surging by 1.20% to close at 127,651.81 points, marking a 1.5 thousand-point increase. July wrapped up with a 3.02% rise, following June’s 1.48% uptick. The Brazilian Real […]