Inflation and high interest rates remain cautious in the international market, but Ibovespa takes off

Strong inflation around the world and rising interest rates by central banks have made investors act more cautiously, with active fears of recession.

As a result, analysts say that the rise of the Ibovespa in recent days, reaching 108,000 points, is surprising due to its detachment from other markets.

This week, investors’ eyes are on the release of new US inflation data, which could change the outlook for interest rates in the country.

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*Posted by Fabricio Julião, from CNN Brasil Business