# Banxico Had Been Considering a Rate Cut Since September

> Banxico Governor Victoria Rodríguez Ceja said the central bank had been weighing a 25-basis-point cut since its September policy decision. She said the board approved the adjustment after reviewing inflation and its determinants, and that inflation had evolved in line with the bank’s forecasts.

- Date: 2026-11-09 · published 2026-11-09T06:10:28.804Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/88801-banxico-had-been-considering-a-rate-cut-since-september
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Lower interest rates can put downward pressure on the peso, potentially raising the local-currency cost of imported feed and inputs. The currency effect would be supportive of higher USDMXN.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- elfinanciero.com.mx: https://www.elfinanciero.com.mx/economia/2026/11/08/banxico-evaluaba-bajar-la-tasa-desde-septiembre/

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