Mexico Central Bank Keeps Overnight Rate Unchanged

The Bank of Mexico is keeping its interest rates steady at 7%, as expected, due to easing inflation pressures in early September. Economists predict no rate hikes this year or next. The dollar-peso exchange rate shows minimal reaction, aligning with the ongoing trend of a weaker dollar since the year's start. Much of this was already anticipated by the market.

What have economists said about raising rates next year?

What is the current interest rate held by the Bank of Mexico?

How has the dollar peso reacted to the current economic situation?

What trend has been observed with the dollar since the beginning of the year?

What was priced into the market according to the text?