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00:02:19Switzerland'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 #bank00:02:25Argentine poverty is on the rise, according to an independent survey, with a rate of 60%.
Due to the economic crisis, Argentina's poverty rate has reached a 20-year high, driving many people to scrounge food from landfills. Due to the nation's crippling economy, rising unemployment, and inflation, an increasing number of Argentinians are turning to drastic means of survival.
#argentinapoverty #independentstudy #60percent
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