The Swiss National Bank (SNB) has announced its second key interest rate cut under its president, Martin Schlegel.
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.
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Since mid-2020, the Swiss National Bank has raised its key interest rate in five steps from -0.75 to +1.75 percent.
