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flag Mexico's central bank cuts interest rate by 0.25% due to improved economy and lower inflation.

flag Mexico's central bank, Banxico, reduced its benchmark interest rate by 0.25% to 7.75%, reflecting improved economic growth and lower inflation rates. flag Headline inflation fell to 3.51% in July, though core inflation remained steady at 4.23%. flag The bank aims to reach its 3% inflation target by the third quarter of 2026, supporting economic recovery while managing global risks and uncertainties.

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