# Inflation surprise, Trump’s attack on Fed weigh on Brazilian assets

> Brazilian assets fell on August 26 after mid-month IPCA-15 inflation came in above expectations and global risk aversion rose on Trump's attack on Fed independence. The real closed up 0.34% at R$5.43 per dollar and the Ibovespa fell 0.18%. Implied onshore dollar rates briefly spiked before easing.

- Date: 2025-08-27 · published 2025-08-27T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/23528-inflation-surprise-trump-s-attack-on-fed-weigh-on-brazilian-assets
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Weaker real and higher Brazilian rates tilt the Brazilian currency and financial conditions, which can affect Brazilian farm-export selling and soymeal pricing. The direct grain price impact is limited.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-10-23 | [Market braces for pressure on Brazilian real as Trump’s chances rise](https://feedsoft.ai/events/28085-market-braces-for-pressure-on-brazilian-real-as-trump-s-chances-rise.md) | +0.6% | +1.4% |
| USDBRL | 2026-08-28 | [Brazilian Real Weakens as Fed Hike Bets Rise](https://feedsoft.ai/events/18106-brazilian-real-weakens-as-fed-hike-bets-rise.md) | -1.2% | +0.4% |
| USDBRL | 2025-02-19 | [Brazilian Real Weighed by Trade Fears](https://feedsoft.ai/events/26258-brazilian-real-weighed-by-trade-fears.md) | +1.4% | -0.3% |
| USDBRL | 2025-11-18 | [Liquidity squeeze in the U.S. could weigh on Brazilian real](https://feedsoft.ai/events/22155-liquidity-squeeze-in-the-u-s-could-weigh-on-brazilian-real.md) | +1.7% | +2.9% |
| USDBRL | 2023-02-11 | [Clash Over Brazil’s Inflation Target Is Having an Impact on Its Markets](https://feedsoft.ai/events/37528-clash-over-brazil-s-inflation-target-is-having-an-impact-on-its-markets.md) | -1.4% | -0.3% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/markets/news/2025/08/27/inflation-surprise-trumps-attack-on-fed-weigh-on-brazilian-assets.ghtml

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