Ibovespa Steady as Markets Await Copom and Fed Decisions
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Ibovespa traded near flat at 158,000 as investors awaited Copom and Fed decisions. Copom is expected to keep Selic at 15%, with potential cuts in 2026. The Fed may cut rates by 25 bp. Brazil's inflation eased to 4.46% in November. Major banks fell, Itaú down 6%, while Vale rose 2% on strong iron ore prices. Petrobras edged up, WEG gained 0.6%, Ambev fell 3%, and steelmakers CSN and Gerdau rose.
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