Ibovespa Falls on Inflation and GDP Outlook
The Ibovespa fell over 0.5% to hover below 208,000 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 low