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Swiss central bank cuts interest rate to zero to fight deflationThe Swiss National Bank says its policy rate would drop to zero from 0.25%, after noting that nearly flat inflation nosed into negative territory in May. Consumer prices fell by an annual 0.1% in May.
Switzerland’s central bank cut interest rates to zero as it hopes to rein in the rapidly appreciating franc, which has acted as a safe haven for investors given raised concerns over U.S. trade ...
WASHINGTON (AP) — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in ...
The average home equity loan interest rate is 8.25%, just three basis points higher than a HELOC is right now. And, unlike a HELOC, that rate is fixed, offering savers peace of mind in today's ...
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