Selic jumps to 10.75% and Fed cuts interest rates in the US: where to invest?


super wednesday brazil central bank copom selic united states usa federal reserve fomc fed funds

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This Wednesday (18) happened Super Wednesdaywith the announcement of the new interest rates no Brazil and us USA. In the US, the Federal Reserve (Fed) started the long-awaited interest rate cut cycle and announced a cut of 0.50 percentage point. Now the rate is between 4.75% and 5% per year.

The decision, announced at 3pm, is seen as a crucial turning point for the economy and should positively impact the risk assets from now on. It is also worth remembering that this is the Fed's first cut in more than 4 years, in response to inflation moving towards the target and “economic activity expanding at a solid pace”, according to the statement.

However, in Brazil, the decision was reversed. At around 6pm, the Copom (Monetary Policy Committee) of the Banco Centralcommanded by Neto Fieldsannounced that it raised interest rates to 10.75% per yearin a high of 0.25 percentage point.

The rise comes amid the need to recover credibility of the institution, in addition to the commitment to pursuit of the inflation targetwhich has been growing in projections.

But what really interests investors, amidst the news, is: where to invest now?

Where to invest after interest rate decisions in Brazil and the US?

This Super Wednesday, unlike others that have already occurred this year, brings a doubt to the investor. The new interest rates, presented together and in opposite movements, do not make it clear which path the investor should follow from now on.

In the case of Brazil, an increase in interest rates is always seen as negative for variable income assets, such as shares and real estate funds, while it increases the attractiveness of fixed income.

However, the decision may not be all bad at this point. In the view of Felipe MirandaCEO of Empiricus, for example, the rise is what the market needed now:

“We raised the Selic rate a little and showed our seriousness. A small cost to the activity, in favor of a long-lasting recovery of credibility (…) The natural response of the Central Bank model drives interest rates higher,” he said.

In the US, although the interest rate reduction is positive for the financial market as a whole, since it has a positive impact on risk assets, the fact that it is very abrupt (0.50 pp) may also indicate that the Fed “got it wrong” in timing and needs to avoid a recession.

With the cloudy scenario described above, the Money Times prepared a dossier for its readers about Super Wednesday and its impacts. This is a compilation of content so that investors can make the best decisions for their assets.

To receive it, simply register using the link below. The material is completely free:

Free Dossier: Money Times will tell you where to invest after Super Wednesday

If being well informed to make the best investment decisions makes sense to you, I suggest you sign up for free to receive the Super Wednesday Dossier.

In it, you will find the analysis by renowned market experts about the interest rate decisions announced today. And you will know where the best investment opportunities from that.

This dossier will be made available to all investors who register on the list of interested parties (register here for free). And you can rest assured, because this material is 100% free.

I.e, you won't have to pay anything – nor commit in any way – to know where to invest after Super Wednesday. This is an initiative of Money Times to help you, the investor, invest better.

Therefore, I suggest you sign up and ensure your access to all the content. You don't pay anything to sign up, but you can profit a lot from all the information you will find:

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