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The Pescadero Perspective
news El Financiero 2026-06-25

Mexico's Central Bank Navigates Volatility After Shifting from Fed's Guidance

Banco de México (Banxico) faces increased market volatility as it moves away from closely following the US Federal Reserve's guidance, a strategy previously likened to a cyclist drafting. The bank's decision to hold interest rates at 6.50% is seen as predictable, with market focus now on the Fed's future actions.

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