The Swiss National Bank has cut interest rates once again. It’s down by another quarter of a percent at 1.25%.
Switzerland is the first major country to start on a rate cutting programme. The decision shows the bank is confident inflationary pressures are easing.
Analysts were largely expecting a hold decision from the bank this time.
For the past year, inflation has been between the zero and 2% band - which the bank considers to be acceptable.
Bacteria warning in lakes
Vengeron beach opens
Nyon family suffers frightening attack
Lausanne at forefront on antibiotic resistance research
Luxury shoemaker ends Swiss production
Speed camera vandal spared prison
