Country: MX | Published: 2026-09-25
Mexico's central bank held rates steady again but softened its language around a prolonged pause, leaving room for future cuts even as inflation ran hotter than expected in early S
Mexico's central bank held rates steady again but softened its language around a prolonged pause, leaving room for future cuts even as inflation ran hotter than expected in early September. The labor market showed some softening, with unemployment edging up to its highest level in about a year, though informality remains the deeper structural weight. The peso has slid to its weakest levels since April as the rate gap with the US narrows, so Mexican assets are trading largely on inflation expectations and dollar momentum.