Bank of Mexico meeting minutes: Some members believe there is uncertainty about US trade policy. Most commissioners expect the Mexican labor market to cool down. Most committee members said that tax policy adjustments and tariff changes to be implemented in 2026 are expected to have a one-time and temporary impact on inflation.

Bank of Mexico meeting minutes: Some members believe there is uncertainty about US trade policy. Most commissioners expect the Mexican labor market to cool down. Most committee members said that tax policy adjustments and tariff changes to be implemented in 2026 are expected to have a one-time and temporary impact on inflation.