Mexican Peso dives as Banxico signals aggressive easing

By:
On:
In: Business & Finance

Mexican Peso faces pressure after Banxico’s dovish shift suggests larger, and possibly quicker, interest rate cuts. Mixed inflation data from INEGI maintains uncertainty, adding to Peso’s volatility in light trading conditions. Interest rate differential concerns increase as Banxico’s potential 150 bps cuts contrast with the Fed’s more conservative 57 bpsContinue Reading