This is a news story, published by CNBC, that relates primarily to The Swiss National bank news.
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Swiss National bankCNBC
•Business
Business & Economics
86% Informative
The Swiss National bank on Thursday trimmed its key interest rate by a further 25 basis points.
The move takes the bank's main rate to 0.25% . The cut was widely anticipated, with traders previously pricing in an over 70% chance of a quarter -point reduction.
The decision comes as Swiss inflation fell to an almost four-year low of 0.3% on an annual basis in February .
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