Mexico Central Bank Deputy Governor Heath Says Rate Cut to 6.25% Is Confusing

A deputy governor publicly calling his own board's decision confusing is a notable break in the usual front of central bank unity, and it matters most for anyone pricing Mexican peso exposure against a still-hawkish Fed. The signal here is less about the cut itself than about the credibility of the easing path: dissent at this level suggests the rate trajectory may not be as settled as the decision implied. Whether Heath's view gains traction among other board members, and whether the inflation trend he cites persists, is the open question.