Mexico IPC Retreats From Record 70,111 as Banxico Rate Decision Looms

2026-02-05 - 10:16

Mexico’s benchmark S&P/BMV IPC index pulled back sharply on Wednesday, shedding 1.44% after touching a record 70,111.74 earlier this week. Investors booked profits ahead of Banco de México’s interest rate decision later today, with analysts divided over whether policymakers will cut 25 basis points to 6.75% or hold at 7.00%. Key Market Data Indicator Value