The Swiss National Bank has announced a quarter percentage point cut to its key interest rate, bringing the target rate down to 0%. The move reflects ongoing efforts to support economic growth amid global uncertainties and rising inflationary pressures. This latest adjustment marks a significant shift in Switzerland’s monetary policy, signaling the central bank’s commitment to maintaining financial stability in a challenging economic environment.
Swiss Central Bank Lowers Key Interest Rate to Zero Amid Economic Uncertainty
In a decisive move aimed at bolstering the Swiss economy, the Swiss National Bank (SNB) has reduced its key interest rate by 25 basis points, bringing it down to a historic 0%. This adjustment reflects the SNB’s response to mounting economic uncertainty driven by global trade tensions, fluctuating commodity prices, and persistent inflation challenges. The zero percent rate is expected to encourage borrowing and investment, providing much-needed liquidity…
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Author : Charlotte Adams
Publish date : 2025-06-20 01:08:00
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