Switzerland unexpectedly cut key interest rate by 25 basis points to 1.5% | World News
[ad_1] By Bastian Benrath The Swiss National Bank unexpectedly cut its key interest rate by 25 basis points, moving months ahead of global peers as policymakers try to prevent gains in the franc. Officials in Zurich lowered their benchmark to 1.5%, the first such reduction for one of the world’s 10 … Read more