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Mexico raised its benchmark interest rate by 50 basis points to 5.25 percent last month after Trump's election victory drove the peso to a record low. Central bank governor Carstens signaled a preference for prudence on further hikes amid uncertainty.
Higher Mexican rates aim to defend the peso, which affects the cost of imported feed ingredients for Mexican livestock and poultry producers; the policy stance signals a slower tightening path.
reuters.comDec 3, 2016Not 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.
