3 ordspråk av Isabel Lemos

Isabel Lemos

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The fear of higher U.S. rates is taking its toll on the Dow Jones and on us. Coming on the heels of the strong gains in December, I expect we'll see some more profit-taking before we resume an upward trajectory.

It would make it very complicated for Brazil to lower rates in the mid term.

The market is just waiting for the outcome of the meeting at this point, but the trend is to assume that a hike has been priced in after recent losses.

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