Country: MX | Published: 2026-09-18
Mexico's fiscal picture is getting a modest credibility nod, with Fitch viewing the latest budget package as more credible while still flagging that it falls short of stabilizing d
Mexico's fiscal picture is getting a modest credibility nod, with Fitch viewing the latest budget package as more credible while still flagging that it falls short of stabilizing debt. The peso's reaction to the Fed's decision reads mixed across reports, with some sources showing it strengthening as markets rebounded and others noting weakness, so the currency story remains genuinely two-sided. On the trade front, Sheinbaum's reported agreements with Trump keep US negotiations moving, though tariff risk and friction points beyond tariffs still hang over exporters.