Daily Brief | July 8 2025

#IntercamNews ✅ President of the United States Donald Trump postponed the end of the reciprocal tariff pause and announced new tariffs. ✅ Later today, consumer credit figures for the month of May will be released in the United States. The analyst consensus estimates that credit expanded by 11 billion dollars. ✅ The Citi survey revealed that the analyst consensus revised upward its inflation estimate for the end of 2025 and 2026, from 3.9% to 4.0% and from 3.75% to 3.8%, respectively. Despite this, the consensus expects that Banxico’s next move will be a 25 basis point cut in the benchmark interest rate in August.