The Ibovespa jumped 1.2% to trade above 145,500 on Wednesday after the Fed cut US interest rates by 25 bps, bringing them to 4.0–4.25%, in line with expectations. New projections showed most Fed officials foresee at least two more cuts this year. Meanwhile, Brazil’s central bank is expected to hold the Selic at 15%, its highest in nearly two decades, with policymakers signaling rates will remain steady for an extended period. On the corporate front, banks rose (Ita