Mexican central bank cuts rates by 50 vs 50 bps cut expected ...Middle East

Decision was unanimousAnticipates that the inflationary environment will allow it to continue toe rate cutting cycleBoard will consider adjusting rates by similar magnitudesUS policy changes have added uncertainty

USD/MXN is up 1.1% and I think that underscores tariffs much more than interest rates.

This article was written by Adam Button at www.forexlive.com.

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