This is a news story, published by CNBC, that relates primarily to Swiss National Bank news.
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Swiss inflationCNBC
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90% Informative
Swiss National Bank on Thursday took a third step to loosen monetary policy this year , bringing its key interest rate down by 25 basis points to 1.0% . The trim, which had been anticipated by 30 of 32 analysts surveyed in a Reuters poll, marked the SNB 's third interest rate reduction of 2024 .
The reduction comes amid subdued domestic inflation and a rally in the Swiss franc.
VR Score
96
Informative language
98
Neutral language
75
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formal
Language
English
Language complexity
50
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Attention-grabbing headline
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Time-value
short-lived
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3
Source diversity
3
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