Economics
Mexico’s Rate Cuts Threaten Buoyant Peso: Decision Day Guide
- Benchmark to hit 6%, weaken peso over 21 per dollar: Banorte
- BofA sees central bank more cautious, carry trade attractive
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Mexico’s central bank will probably lower borrowing costs for a third straight meeting Thursday and continue monitary easing into next year as inflation slows, eroding the carry trade appeal of the Mexican peso.