# Banxico Minutes confirm 50 bps rate cut, cites high level of uncertainty, economic weakness

> Banxico's May meeting minutes confirmed a 50 basis point rate cut to 8.50%. All members cited high uncertainty from trade policy and expected Mexican economic activity to stay weak. The release had minimal immediate effect on USD/MXN, which traded near 19.35.

- Date: 2025-05-29 · published 2025-05-29T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/24900-banxico-minutes-confirm-50-bps-rate-cut-cites-high-level-of-uncertainty
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Lower Mexican rates and weak domestic activity point to softer demand for feed and livestock output over time. The market impact on grain and oilseed prices is small.

## Sources

- fxstreet.com: https://www.fxstreet.com/news/banxico-minutes-confirm-50-bps-rate-cut-cites-high-level-of-uncertainty-economic-weakness-202505291520

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