Bank of Mexico Unlikely to Cut Interest Rates Despite Strong Peso

Despite surging peso, further interest rate cuts remain unlikely for the foreseeable future

The strong peso has helped curb inflation, but the Bank of Mexico still sees enough price pressure to hold its interest rate steady and delay expected attainment of the 3% inflation goal to late 2027. The post Despite surging peso, further interest rate cuts remain unlikely for the foreseeable future appeared first on Mexico News Daily

By MND Staff