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SNB cuts interest rates by 25 basis points for third time this year

SNB cuts interest rates by 25 basis points for third time this year

The SNB cut its policy rate to 1.00 per cent, the lowest level since early 2023. Image: Shutterstock 2 min read Last Updated : Sep 26 2024 | 1:23 PM IST The Swiss National Bank cut interest rates by 25 basis points on Thursday, its third such reduction this year, as it echoed steps...