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Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking
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The era of zero interest-rate policy is back, after the Swiss National Bank on Thursday lowered interest rates to zero.
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Swiss National Bank cuts rates to zero, will not rule out going negative ReutersThree European Rate Cuts Seek to Contain US Tariff Upheaval Bloomberg.comSwitzerland enters era of zero interest rates CNBCAs war and tariffs fog the outlook, some central banks trim rates By Reuters Investing.com
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The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week.
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Central bankers are closely divided over how many rate cuts there will be in 2025
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The Federal Reserve is expected to hold interest rates steady Wednesday. Members of the central bank's rate-setting committee will telegraph their plans for possible rate cuts later this year.
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