Swiss National Bank makes quarter-point interest rate cut, cites ‘low inflationary pressure’
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National bank on Thursday trimmed its key interest rate by a further 25 basis points as the country’s economy grapples with depressed inflation. “With today’s rate adjustment, the SNB is ensuring that monetary … Read more