# Banxico cuts its rate to 6.25% on a 3-2 vote

> Banxico cut its benchmark rate by 25 basis points to 6.25%, effective November 6, with three board members supporting the move and two preferring to hold at 6.50%. The bank described the cut as a one-off adjustment, said it expected to keep the new rate for a prolonged period, and raised its fourth-quarter 2026 inflation forecasts.

- Date: 2026-11-05 · published 2026-11-06T06:09:41.479Z
- Category: macro · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/83400-banxico-cuts-its-rate-to-6-25-on-a-3-2-vote
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Lower Mexican interest rates can reduce the peso’s yield support and make dollar assets relatively more attractive, adding upward pressure to USDMXN. Currency weakness can increase the cost of imported feed inputs in Mexico.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- elmediatico.com: https://www.elmediatico.com/en/business/banxico-cuts-rate-to-6-25-on-3-2-vote

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