For the fourth time in a row this year, the Swiss National Bank (SNB) has lowered the key interest rate: this time by a remarkable 50 basis points.
The Swiss National Bank (SNB) has lowered its key interest rate by a quarter of a percentage point from 1.25% to 1.00%.
On June 20, the Swiss National Bank (SNB) lowered its key interest rate from 1.50 to 1.25 percent.
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The Swiss National Bank (SNB) has announced a third interest rate cut under its president Martin Schlegel.