Crazy people making crazy claims

Recently news outlets have been reporting in 2 things about the US-Mexico relationship 1st is the super peso. 2nd is the lowering of interest rates in the USA. When looking at the news I saw multiple articles contradicting themselves. Saying things like "the mexican peso got stronger because of the rasing inflation" or as in this one where it says the "the advancment [in the rise of the value of the peso] is atributed to the coments of Jerome Powell, which gave hope to rate cuts" as you can see in this one : elmanana.com.mx/nacional/2024/7/11/super-peso-noquea-al-dolar-tipo-de-cambio-del-dolar-hoy-11-de-julio-del-2024-127753.html

Meanwhile you have this one which shows raising inflation in Mexico, which I have to admit it's true, the cost of living in mexico is rising. This means that every day the mexican peso es less able to afford goods or services.
msn.com/es-mx/dinero/noticias/la-inflación-en-méxico-supera-las-expectativas-y-aumenta-la-posibilidad-de-tasas-altas-por-más-tiempo/ar-BB1pLh3b?ocid=BingNewsVerp


On the other hand with the united states' recent slight decrease in inflation has prompet the FED to be more inclined to realize a rate cut. This in order to boost the markets before the elections. This is very likely to excite the markets, as money from bonds will likely migrate to the stock market. Contrast this with Mexico where the central bank is claiming to reach it's inflation target by the end of 2025.
msn.com/es-mx/video/dinero/banxico-llegará-a-la-meta-de-inflación-hasta-el-último-trimestre-de-2025/vi-BB1pLRCA?ocid=msedgdhphdr&t=15

For these people I have some basic economic facts they should be aware of. When you have rasing inflation your currency doen't apreciate it depreciates. Thats because you aren't able to afford buying as much with the same amount. Therefore if the inflation of you currency increases while the inflation on another currency decreases then the most likely outcome is that the decresing inflation currency will apreaciate in contrast to the other one. Aditionally if the US market begins to grow at a faster rate in contrast to the mexican market then the currency will also depreciate. Therefore saysing that the lowering of interest rates in the USA is good for the mexican peso is just insane.

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