Paraguay’s central bank lowered its policy rate by 25 bps to 6.5%, the sixth consecutive session of rate cuts. The bank’s decision was influenced by internal macroeconomic variables evolving as expected, with monthly inflation at 0.3% and annual inflation at 3.7%, slightly below the projected 3.8% for the end of 2023. The bank remains committed to price stability and aims to meet its 4% inflation goal.