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00:02:19
Switzerland's National Bank lowers its surprise rate.
Different monetary policy strategies are being used by central banks around the globe to combat inflationary pressures. The first significant central bank in the developed world to lower interest rates this cycle was the Swiss National Bank (SN. It seems that a more substantial decline in inflation than anticipated is the main cause of the SNB's movement.
#swissnationalbank #interestrates #bank
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