Ibovespa Halts Two-Day Slump as Bets for Higher Rates EvaporateBy
Policy makers capitulate on inflation while Selic kept steady
Lojas Renner climbs with consumer stocks as Itau jumps
Brazil’s stocks rose for the first time in three days after the central bank signaled it won’t raise interest rates any time soon, bolstering prospects for companies that get most of their revenue from Latin America’s largest economy.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.