Loading…
Banxico cut its benchmark rate by 25 basis points to 6.25%, contrary to market expectations, in a decision opposed by two deputy governors. The bank called the move a one-time adjustment, raised its fourth-quarter 2026 inflation forecasts, and said it expected to keep the rate at the attained level for an extended period.
Lower rates can weaken the peso and increase the local-currency cost of dollar-priced imports, while the bank’s guidance may temper expectations of additional easing.
fxstreet.comChristian Borjon ValenciaNov 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.
