Daniel Gewehr News Today

Brazil’s central bank has slashed rates as inflation subsides. The boost to consumers and corporate borrowers should juice earnings of listed companies.

The Bovespa index, Brazil's stock benchmark, rallied 22% this year. That's its biggest annual increase since 2019 — when it rallied 31.6%.

The Brazilian government recently privatized Eletrobras as part of its biggest privatization initiative, raising R$69.81 billion.