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swiss national bank signals cautious approach to future interest rate cuts
The Swiss National Bank (SNB) cut its key interest rate by 50 basis points in December, aiming to stabilize monetary conditions amid low inflation forecasts. While further cuts are possible, the SNB is cautious, with expectations of a potential reduction to 0.25 percent in March, influenced by the Swiss franc's strength and inflation trends. Fixed-rate mortgage rates have stabilized, reflecting a slight increase in swap rates across maturities.
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