The day after Super Wednesday; what to expect from the Ibovespa this Thursday (18)

The day after Super Wednesday. Check out what to expect from the Ibovespa index in the trading session this Thursday (18). The Federal Reserve cut interest rates in the US, and the Central Bank kept the Selic rate stable in Brazil (Image: REUTERS/Amanda Perobelli). The sixth Super Wednesday of the year was marked by a cut in interest rates by the United States central bank and the maintenance of the Selic rate in Brazil, as already expected by the markets. The Ibovespa (IBOV) reached new highs after the Federal Reserve (Fed) started loosening monetary policy, taking the rate to the range of 4% to 4.25% per year. The index rose 1.06%, to 145,593.63 points. The directors also signaled possible new adjustments in interest rates by the end of the year. The median of expectations, also released yesterday, indicates that the rate will end 2025 at 3.6% – which implies two more cuts of 0.25 percentage points. For experts, labor market data will be decisive for the Fed’s next decisions.