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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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The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are grappling with uncertainty caused by President Trump's tariffs.
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The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.
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Fed leaves rates steady, projects higher inflation AxiosFed holds interest rate steady for fourth time in a row CNNAs the Fed Waits on the Impact of Tariffs, Some Are Already Feeling It Business InsiderFed Holds Rates Steady and Keeps Door Open to Cuts WSJFederal Reserve Board and Federal Open Market Committee release economic projections from the June 17-18 FOMC meeting Federal Reserve Board (.gov)
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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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