Swiss National Bank refutes the quarter-point interest rate, ‘low inflation pressure’

The Swiss National Bank has cut the main percentage of interest in 25 more key points, as the country’s economy is fighting depression inflation.

“By regulating the ratio of today, SNB ensures that the money conditions are appropriate, taking into account the growing risks of the lower part of inflation and to inflation,” he said.

The bank will continue to follow the situation closely and when necessary, it will continue to make further adjustments to ensure that inflation remains in accordance with price stability in the average period.

The action leads the bank’s main degree to 0.25%. The cut is expected to be expected in the chance to reduce the quarter of the quarter and more than 70%.

After a 50-century semi-cut cutting announced by the Central Bank DecemberThis time exceeded expectations. This reduced the fourth interest rate of SNB, the largest major economy of Switzerland March last year.

Comes as a price decision Swiss inflation According to official figures, in February, it was almost four years of annual basis. The Federal Statistics Office imported as a key factor contributing to the lower inflation rate of cheaper imports.

On Thursday, SNB said that inflation has been developing since the evaluation of previous monetary policy.

“The new conventional inflation forecast has changed difficult since December. In today’s proportion, the forecast would have been less in moderation, “the Central Bank said that the inflation forecast is in the range of price stability in the middle.

SNB is waiting for an average of inflation to 0.4% in 2025.

EFG Bank, Chief Economist Stefan Gerlach, said SNB’s inflation is easily looking forward to this level, “This, this, this, this, this is thought of the thought of this,” he said.

“I think a cut is guaranteed to make sure that inflation does not go very much,” CNBC told Carolin Roth.

Switzerland franc The SNB’s exchange rate increased by 0.06% against the euro with the euro. Frank has been seen as a wide currency as a safe shelter and uncertainty during political confusion and uncertainty in the eurozone and reduced SNB interest rates.