International Economic

Switzerland cuts interest rates again

By Michele Maatouk

Date: Thursday 20 Jun 2024

(Sharecast News) - The Swiss National Bank cut its key rate on Thursday to 1.25% from 1.5%.
"Inflation has risen slightly since the last monetary policy assessment, and stood at 1.4% in May," it said in a statement.

"Higher inflation in rents, tourism services and oil products has contributed in...

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