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The Swiss National Bank (SNB) and the Bank of Mexico both cut interest rates, with SNB being the first G10 country to do so, initiating an easing cycle. SNB cut rates by 25 basis points to prevent franc gains, while Mexico lowered its benchmark rate to 11%.
It was a big week for central banks and especially the Bank of Japan, which ended its negative interest rate regime, the world’s last. Here’s your Weekend Reading https://t.co/TClYzTB6Wt
Colombia lowers benchmark rate by 50 bps to 12.25%
Switzerland Surprises With a Rate Cut. Why the Rest of Europe Might Be Inspired. https://t.co/c6ZRyUFrPT