Central Banks Delay Rate Cuts Due to Commodity Volatility, But Tecate Still Costs 35 Pesos
Central bankers stubbornly maintain cautious monetary policies and delay interest rate cuts amid raging commodity price volatility. Meanwhile, the only monetary policy practiced in Baja is checking if the corner tienda will accept a 500-peso note for lukewarm beer and stale chips. While international financial titans weep over fiscal instability and debt yields, expats continue their rigorous daily research into shade management and taco truck solvency.