Ibovespa operates in decline, evaluating US inflation data and preliminary data from Brazil

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On the eve, the main index of the Brazilian stock market rose 0.41%, to 107,592 points. Ibovespa Freepik The Ibovespa, the main index of the São Paulo stock exchange, the B3, operates in decline this Friday (24th), with market agents keeping an eye on US consumer inflation data and previous inflation in Brazil. At 10:10 am, the index fell 0.10%, at 107,490 points. See more quotes. On Thursday, the index rose 0.41% to 107,592 points. As a result, the Ibovespa began to accumulate losses of 5.15% in the month and 1.95% in the year. What is messing with the markets? Abroad, attention is on the release of the Price Index for Personal Consumption Expenditures (PCE) in the United States. Consumer confidence and new home sales data will also be evaluated. These are important numbers for decisions taken by the Federal Reserve (Fed, the US central bank) on the level of interest rates in the country. “It will be critical to assess whether consumption is slowing in response to higher interest rates. In recent days, US Treasury bond yields have risen and stock prices have fallen on the realization that inflation is not falling fast enough , which would lead the Fed to keep interest rates high for longer,” says an XP report. Higher interest rates in the United States increase the yield on the country’s government bonds, which are considered the safest in the world. This hurts risky assets like the stock market. But recent data from the American economy show strong results, which could make the Fed review the pace of growth. In Brazil, the release of the Extended National Consumer Price Index 15 (IPCA-15), known as the inflation preview, should be highlighted. The indicator was 0.76% in February, according to the Brazilian Institute of Geography and Statistics (IBGE). Initial plugin text

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