Banxico Surprises With Rate Cut to 6.75% as Peso Slides and IPC Reverses Rally

2026-03-27 - 09:30

Rio Times Daily Market Brief • Mexico Friday, March 27, 2026 · Covering the session of Thursday, March 26 The Big Three 1. Banxico cut its benchmark rate to 6.75%, defying consensus expectations of a pause after first-half March inflation surged to 4.63% YoY. The central bank cited risks to economic activity but flagged it would assess