Swiss central bank cuts rates by a quarter point
Swiss central bank cuts rates by a quarter point in third trim this year
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.
Swiss National Bank hints at further rate cuts after latest reduction
The Swiss National Bank reduced interest rates by 25 basis points on Thursday, echoing steps to lower borrowing costs by the European Central Bank and U.S. Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Column-Swiss Vignette in Central Banking 'Plus Ca Change': Mike Dolan
Far from a brave new world of high pressure pricing, Swiss inflation has subsided to just 1.1% and it's been back in the 0-2% target range for more than a year. Strikingly, the central bank this week slashed next year's inflation forecast to just 0.6%.
Swiss Central Bank Delivers Third Straight Rate Cut
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.
Swiss central bank lowers rates and flags further cuts as inflation eases
THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Swiss National Bank Slashes Interest Rates for Third Time in 2023
The Swiss National Bank (SNB) reduced its interest rates by 25 basis points, marking its third cut this year. Following similar actions by the European Central Bank and U.S. Federal Reserve, the SNB's decision lowered policy rates to 1.
Swiss National Bank lowers rates and flags further cuts as inflation eases
The Swiss National Bank reduced interest rates by 25 basis points today, echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
New Swiss central bank chief takes charge in shadow of Credit Suisse trauma
As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the central bank's ...
devdiscourse17h
Swiss National Bank Faces Scrutiny as New Chairman Takes Charge
Martin Schlegel, the new chairman of the Swiss National Bank (SNB), assumes his role amid scrutiny over the central bank’s ...
Swiss Franc Edges Toward Decade High as SNB Resists Intervention
The Swiss franc may reach the strongest level in almost a decade as the nation’s central bank cuts interest rates more ...
Swiss National Bank's next chairman sticks to price stability goal
The Swiss National Bank's departing chairman Thomas Jordan made his last public appearance on Thursday, with his successor - ...
Top 3 Dividend Stocks On SIX Swiss Exchange Yielding Up To 5.1%
The Swiss market has shown resilience, moving modestly higher despite early weakness, as investors responded positively to the Swiss National Bank's interest rate decision and U.S. personal ...