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✅ The Bank of Mexico cut its benchmark rate and signaled it may slow the pace of future rate cuts.
✅ In the U.S., weak consumption data was reported while PCE inflation rose in May.
✅ President Donald Trump announced on Wednesday the signing of a trade agreement with China, setting U.S. tariffs at 55% and Chinese tariffs at 10% on U.S. goods entering China. He also stated that a deal with India will be announced soon.