Bradesco stock jumps in New York as Brazil inflation hits target ceiling and rate decision looms
New York, January 27, 2026, 11:00 EST — Regular session Shares of Banco Bradesco, traded in New York, climbed around 4.5% to hit $4.15 on Tuesday, reaching that level during the session. Itau Unibanco’s ADRs advanced about 4.7%, while Santander Brasil rose close to 3.5%. The shift comes as investors adjust Brazil rate expectations following fresh inflation figures, with the central bank set to announce its policy decision on Wednesday, January 28. Brazil’s IPCA-15 inflation preview jumped 0.20% in January, pushing the 12-month rate up to 4.50%, hitting the top of the target range. The IPCA-15 is a mid-month indicator