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in Economy

Switzerland makes second interest rate cut as major economies diverge on monetary policy easing

by Editor June 20, 2024, 11:04 am 1.8k Views

Switzerland makes second interest rate cut as major economies diverge on monetary policy easing

A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024.

Denis Balibouse | Reuters

The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at a time when sentiment over monetary policy easing remains mixed among major economies.

Two thirds of economists polled by Reuters had

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the SNB would decide in favor of a…

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