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From snb.ch|1 hr 50 min ago|9 commentsThe Swiss National Bank is lowering the SNB policy rate by 0.5 percentage points to 0.5%. The new policy rate applies from tomorrow, 13 December 2024. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold, and at 0% above this threshold. The SNB also remains willing to be active in the foreign exchange ...
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From cityindex.com|8 hr agoReturning US inflation to acceptable levels appears to have stalled, downside labour market risks have receded, yet the Fed has guided markets towards another 25bps cut in December. It’s almost like incoming data doesn’t matter. In China and Europe, further monetary stimulus has been flagged, rolled out to thwart downside risks to activity next year. With ...
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