The Bank of Mexico (Banxico) cut its key interest rate to 6.75% on Thursday, defying rising inflation and analyst expectations. A 3-2 board decision was made, with Governor Victoria Rodríguez voting in favor of the reduction.

<p>Banxico cut its key interest rate to 6.75% on Thursday despite rising inflation — a split 3-2 board decision that caught most analysts off guard.</p> <p>The post <a href="https://mexiconewsdaily.com/business/bucking-expectations-central-bank-cuts-interest-rate-despite-inflationary-pressures/">Bucking expectations, central bank cuts interest rate despite inflationary pressures</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p>The Bank of Mexico (Banxico) ...