Swiss National Bank Surprises With Jumbo Rate Cut | ZeroHedge
From: zerohedge Swiss National Bank Surprises With Jumbo Rate Cut | ZeroHedge Once again, the Swiss National Bank decided to surprise the markets with a 50bp rate cut, compared with the expected 25bp cut. The SNB’s key rate is now 0.5%, compared with 1% previously The SNB justified this measure by the fact that inflationary pressures […]
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