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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. The move takes the bank’s main rate to 0.25%. The cut was widely anticipated, with …

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ThyssenKrupp warship division CEO sees market boom

Thyssenkrupp marine systems CEO Oliver Burkhard (4th R), German Defence Minister Boris Pistorius (6th R) and Mecklenburg-Western Pomerania’s State Premier Manuela Schwesig (8th R) during their visit of a shipyard of Thyssenkrupp Marine Systems that will build military submarines on Jan. 17, 2025 in Wismar, Germany. Morris Macmatzen | Getty Images News | Getty Images German naval systems maker ThyssenKrupp …

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