The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.50% on Thursday, the second straight cut as price pressures have been easing in Latin America's No. 2 economy. The bank struck a cautiously optimistic tone on the possibility of additional cuts to the key borrowing rate.

The Czech Republic’s central bank has cut its key interest rate for the seventh time in a row as inflation remains low and amid the economy’s slow recovery

Switzerland’s central bank cut its key interest rate for the third straight meeting as it pivots away from worries about high inflation toward concerns about the impact of a strong currency on exporters.

The Bank of Mexico lowered its benchmark interest rate by 25 basis points on Thursday for the second straight time, as inflation in Latin America's no. 2 economy eases and after the U.S. Federal Reserve's aggressive rate cut earlier this month.

The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%. The reduction comes amid subdued domestic inflation and a rally in the Swiss franc.

The Czech National Bank (CNB) lowered interest rates by 0.25 basis points to 4.25%, which is the lowest level of rates since February 2022. The move was anticipated by the local market and CNB is maintaining the policy of lowering rates it has pursued since December.

The move is in line with dovish signals from other central banks, notably rate cuts from the Fed and the ECB. View on euronews