# Mexico hikes interest rates for 4th time since U.S. election

> Mexico's central bank raised its benchmark rate by 0.25 percentage point to 6.50%, the fourth hike since the US election. The article ties the currency's losses during the election period to Trump's threats on the wall, tariffs, remittances and NAFTA.

- Date: 2017-03-30 · published 2017-03-30T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/72210-mexico-hikes-interest-rates-for-4th-time-since-u-s-election
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Tighter Mexican monetary policy supports the peso, which lowers the local cost of US feed imports, while NAFTA uncertainty remains a risk to US grain and meat export flows to Mexico.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- money.cnn.com: https://money.cnn.com/2017/03/30/news/economy/mexico-central-bank/index.html

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