480 views
European stock markets and American futures are trading lower this Thursday morning, the 19th. The Chamber of Deputies watered down the fiscal package and the commercial dollar soared and hit a new record, quoted at 6.26 reais. The deputies relaxed the criteria for granting the Continuous Benefit Payment (BPC), and also rejected the government's proposal to block up to 15% of the mandatory parliamentary amendments for compliance with the fiscal framework. Minister Fernando Haddad stated yesterday that the changes should not have a major impact on spending cuts, but the market reacted badly. The vote in the Chamber is expected to take place this Thursday. To make matters worse, the Federal Reserve (Fed), the American Central Bank, dropped a bomb on the markets. The institution cut US interest rates by 0.25 percentage points, but the decision was not unanimous and the Fed signaled a pause, or at least a reduction in the number of cuts next year. The stock markets also reacted badly and the Ibovespa fell 3%, trading close to the lows of 2024. Diego Gimenes interviews economist Aod Cunha. VEJA Mercado is broadcast from Monday to Friday, live on YouTube, Facebook, Twitter, LinkedIn and VEJA+, starting at 10 am. Offered by JHSF ————————————————————————— Subscribe to VEJA: https://abr.ai/2VZw8dN Check out the latest news about Brazil and the world: https://veja.abril.com.br/ FOLLOW VEJA ON SOCIAL MEDIA: Instagram: / vejanoinsta Facebook: / veja X: http://x.com/VEJA Telegram: http://t.me/vejaoficial Linkedin: / veja-com