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Swiss National Bank hints at further rate cuts
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.
A very dovish 25bp rate cut by the Swiss National Bank
The Swiss National Bank has cut its key rate by 25bp to 1% as expected, given the sharp fall in inflationary pressures
19h
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 ...
devdiscourse
17h
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 ...
3d
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 ...
3d
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% ...
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