Rio Times Markets · The Week Ahead
Week Overview
This week’s key market events sit inside a data calendar that is lighter than the last two weeks but far from quiet. Brazil’s IBGE releases June’s IPCA inflation reading on Friday at 8:00 AM ET, the first full consumer-price print since the Copom cut the Selic to 14.25% on June 17.
Consensus is around 0.30% month-over-month, which would bring the 12-month rate close to 4.5% from May’s 4.72%.
Wednesday afternoon brings the minutes of the June 16–17 FOMC meeting — the internal debate behind Chair Powell’s hold at 3.75% and the tightened dot plot. Traders will read the minutes closely for hints about whether the pause extends through September or whether a hike remains on the table.
