Swiss cut key interest rate by a quarter percentage point, putting its target now at 0%

By Yahoo! Finance   |   2 weeks ago
Swiss cut key interest rate by a quarter percentage point, putting its target now at 0%

Switzerland's central bank cut its interest rate to zero due to easing inflation. The bank expects annual inflation to rise gradually over the next few years. Global economic growth is anticipated to weaken, with differing inflationary pressures in the U.S. and Europe.

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