Swiss central bank cuts rates in surprise move, getting ahead of global peers | ReutersZURICH, March 21 (Reuters) - The Swiss National Bank cut its main interest rate by 25 basis points to 1.50% on Thursday, a surprise move which made it the first major central bank to dial back tighter monetary policy aimed at tackling inflation.The central bank, in the first rate decision since long-serving Chairman Thomas Jordan said he would step down in September, also cut its interest rate on sight deposits to 1.50%.Which central bank will be next
Swiss central bank cuts rates in surprise move, getting ahead of...
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