The beginning of the Fed Funds rate cuts is expected to occur in June.
Recent inflation data in the United States suggest a more cautious stance in monetary policy conduct by the Fed. Given this scenario of uncertainties, we expect the beginning of Fed Funds rate cuts to occur only in June. In the domestic environment, the drop in commodity prices had a dual effect on the Brazilian economy. As the global economic landscape evolves, these intertwined factors shape the trajectory of financial markets worldwide.
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