FXStreetgeopoliticaNEUTRALMEDIUM
Mexican Peso tumbles as Warsh embarks on inflation fight
The Mexican Peso (MXN) depreciates against the US Dollar (USD) on Friday, down by over 0.42% on hawkish remarks by Federal Reserve (Fed) Chair Kevin Warsh at the Jackson Hole Symposium. This prompted investors to price in a potential rate hike in 2026, a tailwind for the…