On March 20, Jinshi Data reported that the Swiss Central Bank lowered the policy interest rate from 0.5% to 0.25% on Thursday, marking the lowest rate since September 2022 and the fifth consecutive rate cut, in line with expectations. The Swiss Central Bank is weighing the impact of U.S. President Trump's trade policies on inflation and the global economy. The Swiss Central Bank stated: "Given the low inflationary pressures and the increasing downside risks to inflation, today’s rate adjustment ensures that the monetary environment remains appropriate." The rate cut by the Swiss Central Bank is aimed at preventing the Swiss inflation rate from falling further. In February of this year, the Swiss inflation rate dropped to 0.3%, the lowest level in nearly four years. Furthermore, the rate cut can lead to a depreciation of the Swiss franc, preventing the Swiss inflation rate from falling below the target range of 0-2%. The strength of the Swiss franc has reduced import prices.
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The Swiss Central Bank has cut interest rates for the fifth consecutive time in an effort to prevent inflation from falling further.
On March 20, Jinshi Data reported that the Swiss Central Bank lowered the policy interest rate from 0.5% to 0.25% on Thursday, marking the lowest rate since September 2022 and the fifth consecutive rate cut, in line with expectations. The Swiss Central Bank is weighing the impact of U.S. President Trump's trade policies on inflation and the global economy. The Swiss Central Bank stated: "Given the low inflationary pressures and the increasing downside risks to inflation, today’s rate adjustment ensures that the monetary environment remains appropriate." The rate cut by the Swiss Central Bank is aimed at preventing the Swiss inflation rate from falling further. In February of this year, the Swiss inflation rate dropped to 0.3%, the lowest level in nearly four years. Furthermore, the rate cut can lead to a depreciation of the Swiss franc, preventing the Swiss inflation rate from falling below the target range of 0-2%. The strength of the Swiss franc has reduced import prices.