# Fiscal Adjustment, Inflation and Interest Rates Drive Ibovespa; Dollar Rises

> The Ibovespa gained 2.35% over the week after the Senate approved a fiscal package estimated at R$50 to 60 billion for next year. The dollar rose 2.66% against the real to R$5.6550. Markets now expect the US Federal Reserve to raise rates.

- Date: 2026-11-14 · published 2026-11-15T00:12:37.599Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/100222-fiscal-adjustment-inflation-and-interest-rates-drive-ibovespa-dollar-rises
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Higher US rates and a firmer dollar tend to weaken emerging-market currencies, raising import costs for Brazilian feed and fertilizer buyers.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-07-02 | [Latam assets drop on fiscal policy, interest rates caution](https://feedsoft.ai/events/9454-latam-assets-drop-on-fiscal-policy-interest-rates-caution.md) | -2.8% | +1.2% |
| USDBRL | 2025-11-19 | [Dollar rises in the Brazilian market following international movement \| Brasil 247](https://feedsoft.ai/events/22163-dollar-rises-in-the-brazilian-market-following-international-movement-brasil-247.md) | +1.3% | +3.8% |
| USDBRL | 2023-09-08 | [Why the US Fed's interest rate pause is a win for dollar bulls \| The National](https://feedsoft.ai/events/34010-why-the-us-fed-s-interest-rate-pause-is-a-win-for-dollar-bulls-the-national.md) | -2.2% | +4.1% |
| USDBRL | 2020-03-20 | [Dollar rampage spurs FX interventions, speculation of big G7 move](https://feedsoft.ai/events/7020-dollar-rampage-spurs-fx-interventions-speculation-of-big-g7-move.md) | -3.0% | +1.6% |
| USDBRL | 2024-09-23 | [Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US \| Brasil 247](https://feedsoft.ai/events/28517-dollar-rises-more-than-1-at-the-start-of-a-week-marked-by-inflation-data-in.md) | -1.1% | +3.9% |

## Sources

- investidorinvest.com.br: https://investidorinvest.com.br/noticias/semana-de-ajuste-fiscal-inflacao-e-juros-move-o-ibovespa-dolar-sobe

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.