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Published 14 days ago

Interest rates rise sharply again with aversion to external and fiscal risk

Summary by CNN Brasil
Future courts closed again strongly, with longs opening 30 basis points reflecting rising concerns about the external and fiscal environment, which also pushed the dollar close to $5.30. The outlook for US courts became darker after speeches by Federal Reserve executives, including President Jerome Powell. In Brazil, expectations for the fiscal scenario worsened after a detailed reading of the Draft Rules of Procedure (PLDO), which went beyond c…

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