The Ibovespa gained 0.6% to close at 186,754, as investors digested Copom minutes and a wave of corporate earnings. The central bank noted that while higher inflation is unlikely to prevent further rate cuts this year, risks to inflation expectations may limit the pace of easing compared to earlier projections. Banks advanced, with Bradesco (+1.5%) and Banco do Brasil (+1.7%) higher, while Ambev surged over 15% after reporting Q1 net income of R$3.89 billion, up 2.1% year-on-year. After the close, Iguatemi (-1.5%), Ita