The Mexican peso appreciated against the dollar on Thursday as markets digested a 0.2% Q1 GDP expansion and a 4.22% annual inflation rate—above forecasts and Banxico’s target—raising questions about the central bank’s rate-cut cycle.
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The Mexican peso appreciated against the dollar on Thursday as markets digested a 0.2% Q1 GDP expansion and a 4.22% annual inflation rate—above forecasts and Banxico’s target—raising questions about the central bank’s rate-cut cycle.
