The Swiss National Bank said it would increase interest rates by 0.5 percentage point, following the Fed in slowing the pace of increases as inflation edges lower
The Swiss National Bank said it would increase interest rates by 0.
5 percentage point to 1%,The SNB’s decision kicks off a busy day for Europe’s most influential central banks. Investors expect the Bank of England and European Central Bank to announce 0.5-point rate increases later Thursday. Both have been battling all year witha WSJ membership
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