The fight against inflation continues, with the cooling of the inflationary process for this year but an increase in projections for 2023. The expectation revolves around the next Copom decision on interest rates, which should be raised to around 14% with the objective of to fight the rise in prices next year.
In the US, eyes also turn to the Fed (Federal Reserve, the US central bank), which is expected to raise interest rates once again on Wednesday (27), amid the highest inflation in 41 years.
In the Brazilian market, highlight goes to the stocks with the highest increase in July, which are the ones that register the biggest fall in the accumulated of the year, as is the case of Magalu and Via.
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*Posted by Fabricio Julião, from CNN Brasil Business
Source: CNN Brasil