Ibovespa Drops as Inflation Forecast Rises
The Ibovespa fell 1% to close at 206,887 on Tuesday, weighed down by losses in major banks, utilities and mining stocks. The Focus survey raised its 2026 inflation forecast to 5.22% from 5.01%, marking a fourth consecutive increase, while the Selic benchmark rate remained unchanged at 13.25%. The IMF also cut its 2026