June 21, 2024 BY Elizabeth Anderson

SNB Prunes Interest Rates As Major Economies Hesitate

In a Reuters poll, two-thirds of economists predicted this interest rate decrease. The Swiss franc (CHF) buckled somewhat after this announcement and was down 0.3% against the EUR and 0.5% against the USD at one stage. Don’t miss out the latest news, subscribe to LeapRate’s newsletter The SNB’s predictions peg inflation at 1.3% for 2024,…

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