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Event Brief

Mexico’s IPC Surges 1.59% to 69,702 as Banxico Rate Cut Fuels Rally

The S&P/BMV IPC rose 1.59% to 69,702, driven by Banxico's rate cut to 6.75%.
WHO: Banxico
WHAT: rate cut
WHEN: Apr 2, 2026 at 6:00 AM ET
WHERE: Mexico
WHY: The market reacted to Banxico's unexpected March 26 rate cut.
Sources (1): Rio Times

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