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Banco de México cut its benchmark interest rate by 25 basis points, from 6.50% to 6.25%, surprising analysts and financial markets. The central bank said disinflation had continued, domestic demand was not creating inflationary pressure and monetary conditions remained restrictive.
The rate cut may ease financing costs over time, while potentially affecting the peso and the cost of imported feed. The article does not describe a specific exchange-rate move or commodity-price effect.
Not 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.