Brazil's inflation is easing for a second month and the central bank has resumed cutting the Selic rate, a shift that matters for the real and investors.

Brazil's Ibovespa closed at 174,070 points and the real firmed to 5.1686 per dollar on July 3 as weak factory data fuelled Selic rate-cut bets.

Brazil's inflation is easing for a second month and the central bank has resumed cutting the Selic rate, a shift that matters for the real and investors.

A retreat in oil prices has eased Brazil's near-term inflation fears and supports another rate cut, but analysts warn deeper pressures still cloud the path.

Preços ao consumidor subiram apenas 0,16% em relação a maio, o ritmo mensal mais lento desde outubro

Brazil's IPCA inflation fell to 4.66% in June, below the expected 4.80%, as the central bank cut the Selic rate to 14.25% in its third consecutive

Informações disponíveis até aqui indicam que críticas em junho podem ter sido exageradas; alívio da inflação corrente é sinalização positiva após manutenção dos juros em nível…