A decline in inflation prompts Mexico’s central bank to cut its key interest rate

🇲🇽 Mexico News Daily (MX) —
A decline in inflation prompts Mexico’s central bank to cut its key interest rate

AI Summary

In response to a drop in inflation, Mexico's central bank has decided to cut its key interest rate. This decision is part of a broader strategy to stimulate the economy amid changing market conditions.

The national statistics agency INEGI reported that Mexico's annual headline inflation rate was 4.45% in April, down from 4.59% across March. The ...

Politics Markets Mexico inflation central bank interest rate economy markets

Read original source →