RSS SNB cuts by 50bps, projects weaker inflation and modest growth in 2025

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 RSS SNB cuts by 50bps, projects weaker inflation and modest growth in 2025

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SNB took a decisive step by lowering its policy rate by 50 basis points to 0.50%. In its accompanying statement, the central bank highlighted that underlying inflationary pressures have “decreased again” this quarter, warranting the larger-than-expected rate cut. SNB reiterated its commitment to “monitor the situation closely” and stated that it would “adjust its monetary […]

The post SNB cuts by 50bps, projects weaker inflation and modest growth in 2025 appeared first on Action Forex.
 
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