Mexico's central bank lowered its key interest rate by 25 basis points, despite inflation remaining above the 3% target. This marks the second rate cut this year, with President Sheinbaum applauding the move to stimulate investment.

<p>The central bank once again showed its willingness to cut its interest rate even as inflation remains above the 3% target, but this time it indicated that no more such cuts are likely this year.</p> <p>The post <a href="https://mexiconewsdaily.com/news/inflation-april-interest-rate-cut-banxico/">A decline in inflation prompts Mexico&#8217;s central bank to cut its key interest rate</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p>Official data showing a...