The Ibovespa edged 0.2% higher to trade near the 157,600 level on Thursday, tracking a broadly positive global tone. Investor attention centered on the Central Bank of Brazil’s Monetary Policy Report, while a lower-than-expected US CPI reading reinforced expectations that the Federal Reserve will continue cutting borrowing costs next year. In the report, Brazilian policymakers raised their 2025 economic growth forecast to 2.3% from 2.0%, and their 2026 projection to 1.6% from 1.5%. Shares of Vale climbed 0.7% and Petrobras gained 0.4% as oil prices advanced. Embraer added 0.1% after signing an agreement related to a potential aircraft assembly line in Portugal. On the downside, Centrais El