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The Swiss National Bank cuts key interest rate to 0.25% to combat low inflation and economic uncertainties.
The Swiss National Bank (SNB) has lowered its key interest rate to 0.25%, marking the fifth consecutive cut.
The move aims to address low inflation and economic uncertainties, as Swiss inflation fell to a near four-year low of 0.3% in February.
The SNB expects inflation to average 0.4% in 2025.
Meanwhile, Sweden's Riksbank has kept its rates unchanged at 2.25%.
Both central banks anticipate stability in their key rates in the coming months.
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El Banco Nacional suizo reduce la tasa de interés clave al 0,25% para combatir la baja inflación y las incertidumbres económicas.