Loading…
Mexico's first-half June inflation came in at 4.78%, above consensus, and the peso stabilized near 18 per dollar ahead of Banxico's June decision. Analysts said election-related volatility makes a rate cut difficult.
Persistent inflation and a stabilized peso keep Mexican borrowing costs high, which constrains livestock and feed sector expansion and therefore import demand for US feed inputs.
bnamericas.comJun 26, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
