El Economista September 30, 2026 Original title: Menor diferencial de tasas amplifica volatilidad del peso: IIF

Narrower rate differential amplifies peso volatility: IIF

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Jonathan Fortun explains that a narrower interest rate gap between Mexico and the United States has made the peso more vulnerable to global volatility by weakening the carry trade. He sees no immediate need for Banxico to raise rates, but says disorderly depreciation or inflation passing through to prices could change that assessment.