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International Business Times
International Business Times
Business

Swiss Cut Rates Again Over Global Economic 'Uncertainty'

Donald Trump SNB Economy Switzerland United States the Swiss National Bank
The engraved facade of the Swiss National Bank headquarters in the capital Bern (Credit: AFP)

Switzerland's central bank cut its key interest rate on Thursday, citing the "high uncertainty" in the global economy triggered by US President Donald Trump's tariff wars.

The Swiss National Bank cut rates by a quarter percentage point to 0.25 percent -- its fifth cut in a row, dating back to March 2024.

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