Mexico's central bank is set to announce a rate cut on December 18, marking another step in its easing cycle. However, market watchers remain divided on what comes next—particularly whether the institution will pause its cuts in early 2026.

According to a Reuters poll of economists, opinion is split almost down the middle. Some analysts point to persistent inflation concerns and see the need for caution in the coming year, while others argue that slowing growth justifies continued monetary easing into Q1 2026.

This uncertainty carries weight beyond Mexico's borders. Central bank policies across major economies directly influence global liquidity flows, and shifts in monetary stance often ripple through emerging markets and risk assets—including crypto markets. The divergence in economist forecasts suggests the path forward remains contested, keeping traders and investors on their toes as we head into year-end positioning.