overall economic contraction that could be confirmed by second-quarter GDP numbers. The central bank will also release its monthly report on economic activity, which could provide further insight into the impact of Milei’s policies. In Mexico, the central bank is expected to hold interest rates steady at 4.25% as inflation remains above target but is expected to ease in the coming months. Data releases this week include retail sales and industrial production figures, which will be closely watched for signs of economic recovery. Overall, central banks across the globe are facing tough decisions this week as they navigate uncertain economic conditions and market volatility. Investors will be closely monitoring their policy announcements and data releases for clues on the future direction of monetary policy and the global economy.
