After several variations during the day and the announcement of a review of the interest rate in the United States, the dollar closed this Wednesday (4) down 1.26%, and was traded at R$ 4.9020.
After the announcement of a 0.5% hike in US interest rates – the biggest since 2000 – Jerome Powell, chairman of the Federal Reserve (Fed, the equivalent of the Central Bank), said that for the time being monetary policy authorities still do not consider raise the inflation rate by another 0.75% – a statement that boosted the markets. The index, however, is on track to close 2022 with the highest inflation in the last 40 years in the United States.
Another factor in the escalation in North American inflation was the injection of financial aid created by the government during the pandemic period. There is also a strong influence of the unstable international scenario with the war between Russia and Ukraine.
Earlier tonight, the Monetary Policy Committee of the Central Bank (Copom) also readjusted the basic interest rate (Selic) by one percentage point, the highest level in five years.
On the stock exchange, the Ibovespa rose 1.7%, to 108,343.74 points, after three consecutive lows. The financial turnover of the session was R$ 25.6 billion.
The index had been falling earlier, almost zeroing the gains of 2022, but turned to the positive with Powell’s speech.
*With information from the Reuters news agency.
