(Bloomberg) -- Peru cut interest rates to a two-year low after inflation returned to its target range for the first time since 2021. Most Read from BloombergBiden Set to Impose Tariffs on China EVs, Strategic SectorsApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVAckman Scolded Over DEI Views at Closed-Door Milken SessionMarjorie Taylor Greene Finally Got What She Deserved: Defeat‘Seriously Underwater’ Home Mortgages Tick Up Across the USThe central bank reduced its key rate to 5.75