Ibovespa falls a third day to 168,453 as a hawkish US Fed jolts world markets, even as Brazil's central bank delivers its third straight rate cut to 14.25%.

Ibovespa lags a global relief rally as oil sinks toward $83 and Brazil counts down to a make-or-break double rate decision from the Fed and its own central bank.

The Ibovespa fell 0.45% to 169,648 on Tuesday, a third straight decline onto its long-term floor, as Brazil waited on twin rate decisions from the Fed and its own central bank.

Brazil's central bank cuts the Selic rate to 14.25% for a third consecutive meeting, continuing a cautious easing cycle from a near 20-year high of 15%.

By Paulo Trevisani and Nicholas G. Miller

Brazil's Central Bank on Wednesday cut its benchmark Selic interest rate for the third consecutive time, following cuts in March and April. "Brazil's Central Bank Keeps Cutting…

By Paulo Trevisani and Nicholas G. Miller

Brazil's central bank cut its benchmark Selic rate to 14.25% but hardened its language on inflation, hinting the long cutting cycle may be near its end.

Stocks fell sharply and bond yields jumped after the Federal Reserve, in Kevin Warsh's debut, held rates steady but signalled a likely increase later this year

Ibovespa falls a third day to 168,453 as a hawkish US Fed jolts world markets, even as Brazil's central bank delivers its third straight rate cut to 14.25%.

El Comité de Política Monetaria del Banco Central brasileño justificó su decisión en torno a un “escenario incierto” a meses de los próximos comicios generales y remarcó la…

Your Rio guide for Thursday June 18: the Selic cut to 14.25%, sunshine returns, and Brazil face Haiti tomorrow night.

Your São Paulo guide for Thursday June 18: the Selic cut to 14.25%, a cold clear day, and Brazil face Haiti tomorrow night.