Banco de México

Mexico's central bank (Banxico) cut its benchmark rate by 25 basis points to 6.75% on March 26, 2026—following its prior reduction to 7% in December 2025—approved by a 3-2 vote amid persistent inflationary pressures from fruit/vegetable surges and geopolitical tensions. The Board signaled potential for another cut based on evolving conditions, with analysts split on timing.