Real Time: Ibovespa (IBOV) hits high at 146,000 points, up 1.5%, with Fed decision

The Ibovespa (IBOV) was up this Wednesday (17), a day of interest rate decisions in Brazil and the United States. The main index of the Brazilian stock market spent the day in positive territory and touched a high of 146,100 points, up 1.5%, with the Federal Reserve (Fed) decision to cut interest rates by 0.25 p.p. Directors once again loosened monetary policy after five consecutive meetings with no changes. In the domestic scenario, the expectation is for the Central Bank to keep the Selic at 15% per year – the highest level in almost two decades.