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Banco de México cut its benchmark rate by 25 basis points to 6.25% in its penultimate policy decision of the year. The board said disinflation has continued and that it expects slack to persist and downside risks to activity to remain, while holding the rate for a prolonged period.
A lower Mexican policy rate narrows the rate differential with the US to a record low of 225 basis points, which weakens the peso and raises the cost of imported feed inputs priced in dollars. Looser policy could support domestic livestock demand over time.
elpais.comNov 5, 2026Not 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.
