The Ibovespa edged up to hover near 155,000 on Monday, supported by the outlook of lower interest rates by the Fed and the BCB. Sentiment improved after New York Fed President John Williams said interest rates could fall “in the near term,” boosting bets on another cut in December. Domestically, inflation projections by the market for 2025 declined again in the central bank’s Focus survey, with the IPCA forecast easing from 4.46% to 4.45%. Major banks traded mixed, with Banco do Brasil up 1.9% and Ita