Swiss National Bank lowers key interest rate by 0.5%
The Swiss National Bank (SNB) has lowered its benchmark interest rate by a surprisingly hefty 0.5%. The Swiss reference rate now stands at 0.5%. +Get the most important news from Switzerland in your inbox Further interest rate hikes are possible: the SNB will continue to monitor the situation closely, according to the communiqué published on Thursday. + Switzerland navigates own course through inflation maze If necessary, the SNB will adjust its monetary policy to ensure that inflation remains within... Читать дальше...