Swiss Central Bank Cuts Its Main Interest Rate by 1/4 Point, Citing Easing Inflationary Pressures

The Swiss National Bank says it has lowered its main policy rate by a quarter of a percentage point, citing a drop in “underlying inflationary pressure” despite an uptick in some costs like rents, tourism services and oil products

The Swiss National Bank says it has lowered its main policy rate by a quarter of a percentage point, citing a drop in “underlying inflationary pressure” despite an uptick in some costs like rents, tourism services and oil products