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The Swiss National Bank (SNB) surprised markets by cutting its policy rate by 0.25 percentage points to 1.5%. This move marks the beginning of a potential wave of rate cuts globally. Market participants are now speculating on which major central bank will follow suit after the SNB's unexpected decision.
Switzerland Surprises With a Rate Cut. Why the Rest of Europe Might Be Inspired. https://t.co/c6ZRyUFrPT
Yesterday, the Swiss National Bank (SNB) cut rates in a surprise move. It is targeting a weaker Swiss franc. Other central banks will follow. https://t.co/r5cM1A2m7C
Global Central Bank Update: -Mexico cut rates for the first time in 3 years, 25 bps move to 11.00%. https://t.co/UYRqLouYFp
