# Banxico lowers the interest rate, despite inflation concerns

> Banco de México cut its benchmark interest rate by 25 basis points to 6.25%, contrary to analysts’ expectations. The bank also raised its fourth-quarter inflation forecast from 3.5% to 3.7%, while saying it expects exchange-rate pass-through to prices to be limited; the peso weakened after the decision.

- Date: 2026-11-06 · published 2026-11-06T18:41:46.157Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/84778-banxico-lowers-the-interest-rate-despite-inflation-concerns
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

The rate cut and weaker peso could raise the cost of imported feed and agricultural inputs in Mexico, although the central bank expects limited exchange-rate pass-through. This is primarily a macro signal rather than a direct change in commodity supply or demand.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- mexiconewsdaily.com: https://mexiconewsdaily.com/business/bucking-expectations-banxico-lowers-interest-rate-despite-some-inflation-concerns/

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