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Banxico cut its benchmark rate by 25 basis points to 6.25% in a 3-2 vote, effective November 6. It raised its fourth-quarter 2026 inflation forecasts to 3.7% for both headline and core inflation, and described the reduction as a one-time adjustment.
The rate cut narrows the peso’s interest-rate advantage and may add pressure to the currency, while the higher inflation forecasts could limit further easing.
econotimes.comMiriam HartNov 6, 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.
