International Economic

Swiss National Bank cuts rates in surprise move

By Abigail Townsend

Date: Thursday 21 Mar 2024

(Sharecast News) - The Swiss National Bank surprised markets on Thursday after it trimmed interest rates for the first time in nearly a decade.
The central bank reduced its headline rate by 25 basis points to 1.5%, after inflation fell to 1.2% in February, its lowest level for well over two...

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