Mexico's GDP rebounded in the second quarter, though rising bank delinquency hints at some strain building under the surface in household credit. Unemployment came in line with exp
Mexico's GDP rebounded in the second quarter, though rising bank delinquency hints at some strain building under the surface in household credit. Unemployment came in line with expectations for August, keeping the labor picture steady rather than deteriorating further. The peso remains under pressure as the rate gap with the US narrows, leaving Mexican assets sensitive to inflation expectations and dollar momentum.
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