Tag: #Swiss National Bank

European Central Bank holds rates steady, warns outlook is ‘significantly more uncertain’

The European Central Bank opted to keep interest rates on hold at its latest monetary policy meeting, saying the war in Iran has made the outlook “significantly more uncertain, creating upside risks for inflation and downside risks for economic growth.”

SNB Cuts Rate to Zero and Hints at More to Stop Franc Inflows

The Swiss National Bank cut its interest rate to zero and signaled it’s ready to go further if necessary as it seeks to deter investors from pushing up the franc.

Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a strong Swiss franc.

Swiss central bank cuts rates by a quarter point in third trim this year

The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%.

Switzerland makes second interest rate cut as major economies diverge on monetary policy easing

The Swiss National Bank trimmed its key interest rate by 25 basis points to 1.25% in its second cut of the year.

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25 percentage points to 1.5%.

Swiss National Bank holds rates unchanged, ending hike streak

The Swiss National Bank ended its streak of five consecutive increases, keeping interest rates unchanged at its quarterly monetary policy meeting on Thursday.

Swiss National Bank opts for smaller rate hike, but says more are likely

The Swiss National Bank opted for a smaller rate hike at its quarterly monetary policy meeting Thursday, but said further rises may be needed to bring inflation to target.