Banxico survey participants lower inflation expectations and signal a steady 6.50% interest rate path, leaving the USD/MXN exchange rate without a clear directional catalyst.
Banxico survey forecasts lower inflation and steady 6.50% rate, providing no clear directional bias for USD/MXN.
Private economists surveyed by the Bank of Mexico have revised their headline and core inflation projections downward. The consensus suggests interest rates will hold at 6.50%, maintaining a neutral outlook for the USD/MXN exchange rate in the near term.
Private economists surveyed by the Bank of Mexico project that interest rates will remain steady at 6.50%.