MarketsNotableReported
5.1
Bank of Jamaica raises policy rate 50bp to 6.0%
Bank of JamaicaLO·JM·1 day ago
Banxico held its benchmark rate at 6.5% for a third straight meeting, and the governor suggested the bank could decouple its policy from the Federal Reserve. This marks a potential shift in Mexico's monetary policy stance, which has historically tracked Fed moves. The decoupling would signal growing confidence in domestic inflation control and could affect peso and local bond markets.
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