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© Reuters. Investing.com – After a negative start with less favorable external downside benefits, the Sao Paulo stock market started to operate in the blue Thursday afternoon with a slight rise At the end of the day, the focus is on the discourse Friday, in the afternoon of the Chairman of the Federal Reserve, Jerome Powell. after the dovish tone of the US central bank in the minutes of the last meeting of interest, released the day before.
It recorded slight fluctuations from the real on Thursday. Investors are still waiting for concrete action after the end of US-China trade negotiations and also in the meantime. by the government pension reform project, Jair Bolsonaro
At a minimum, the currency was 3.6753 reais. "The market is still on honeymoon with the government, and that ends up easing the external pressure," said Jefferson Laatus, a stock market operator and partner of LAATUS Educational. "This decision could last until Powell's speech," he added.
Federal Reserve Chairman Jerome Powell will speak this afternoon.
According to the document, many members of the monetary authority said last month that they could be patient with future interest rate hikes and that some will not. were not even in favor of the increase decided by the central bank of the North.
At the time, the Fed had reduced its interest rate forecast to two this year, but Powell had already indicated last week that his authority would be patient on the way to a rise interest rates.
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