Swiss central bank cuts rates by a quarter point

September 26, 2024 World Leave a comment 2 Views

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 took a further step to loosen monetary policy with a 25-basis-point cut, bringing its key interest rate to 1.0%.

This breaking news story is being updated.

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