# Ibovespa jumps over 2% as Powell fuels rate-cut bets

*Brazil’s benchmark index (IBOV:IND) rallies to 138,071 intraday after Fed chair’s Jackson Hole remarks boost risk appetite*

- Published: 2025-08-22
- Section: Insights
- Tags: B3, Brazil equities, Brazilian stocks, emerging markets, Federal Reserve, IBOV, Ibovespa, Jackson Hole, Jerome Powell, rate cuts, risk appetite, São Paulo stock exchange, stock market rally, US interest rates
- URL: https://brazilstockguide.com/insights/ibovespa-jumps-2-percent-powell-rate-cut-bets/

![Ibovespa record](https://i0.wp.com/brazilstockguide.com/wp-content/uploads/2025/08/ibove.jpg.webp?fit=1024%2C544&ssl=1)

*Ibovespa hits record near 172,000 on foreign inflows (Image/Bovespa)*

**By Brazil Stock Guide –** Brazil’s Ibovespa (IBOV:IND) surged on Friday, extending gains as Jerome Powell’s comments at the Jackson Hole symposium strengthened wagers on imminent US rate cuts and lifted demand for risk assets.

The move was [first reported](https://br.investing.com/news/stock-market-news/ibovespa-sobe-mais-de-2-com-efeito-powell-nos-mercados-1658613) by *Reuters*, which said the benchmark stock gauge climbed 2.41% to 137,751.73. The index touched an intraday high of 138,071.55 after a low of 134,511.49, with “almost all” constituents advancing. Turnover reached R$20.85 billion before final adjustments, and the gauge advanced 1.03% for the week, according to the report by Patricia Vilas Boas (Aug. 22, 2025).

Powell’s remarks were interpreted as consistent with a near-term easing path by the Federal Reserve, helping compress global rate expectations and favoring flows into emerging markets. Brazilian equities, highly sensitive to US policy signals, responded with broad-based gains across the session.

### By the numbers (Aug. 22, 2025)

Driver: Jackson Hole speech by Fed Chair Jerome Powell signaling scope for rate cuts, per *Reuters* via *Investing.com*

Close: 137,751.73 (+2.41%)

Intraday range: 134,511.49 – 138,071.55

Weekly change: +1.03%

Turnover (pre-adjustment): R$20.85 billion

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Source: Brazil Stock Guide, https://brazilstockguide.com/insights/ibovespa-jumps-2-percent-powell-rate-cut-bets/