EZB8RISK / Market Briefing

Mexico's central bank remains on hold for a third straight meeting, keeping rates elevated as it balances lingering inflation against a cooling economy. The second-quarter GDP rebo

Mexico's central bank remains on hold for a third straight meeting, keeping rates elevated as it balances lingering inflation against a cooling economy. The second-quarter GDP rebound offered some comfort, though rising bank delinquency suggests households are feeling the strain of tight credit conditions. On the trade front, the government's push to import more from the US reflects an effort to smooth relations with Washington, a dynamic markets are tracking for its peso implications.

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