Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.

Topics

European Central Bank likely to cut rates while weighing US trade concerns and France's chaos

The European Central Bank is releasing its its decision on interest rates and a rate cut is a foregone conclusion
ABC News - 3h
Swiss interest rate cut more than expected

Financial Times - 13h
Welcome to ‘Super Thursday.’ One central bank in Europe has surprised with a 50-basis point cut.

The Swiss National Bank cut interest rates by a bigger-than-expected amount. Onto the ECB decision for later.
MarketWatch - 3h
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada

The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian products
ABC News - 8h
European Central Bank heads for last rate cut of year — but jumbo move seems off the table

The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.
CNBC - 1d
Why Powell and the Fed should pause interest-rate cuts in December

Some say November’s jobs data support holding monetary policy steady.
MarketWatch - 5d
Jobs report shows hiring surge as Fed weighs interest rate cut

The fresh data marks the first jobs report since the election of Trump.
ABC News - 5d
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady

The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.
CNBC - 6d
Central banks should tread cautiously with rate cuts, says OECD

Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludes
Financial Times - Dec. 4

Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

Topics

Related

European Central Bank likely to cut rates while weighing US trade concerns and France's chaos

Swiss interest rate cut more than expected

Welcome to ‘Super Thursday.’ One central bank in Europe has surprised with a 50-basis point cut.

Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada

European Central Bank heads for last rate cut of year — but jumbo move seems off the table

Why Powell and the Fed should pause interest-rate cuts in December

Jobs report shows hiring surge as Fed weighs interest rate cut

India's central bank revises down economic growth forecast for 2025, keeps interest rate steady

Central banks should tread cautiously with rate cuts, says OECD

More from CNBC

Gen Z wants to shop in person — and that's helping malls make a comeback

ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings

Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000

Tesla shares close at record high, boosted by 69% pop since Trump election victory

OpenAI says ChatGPT service has recovered after hours-long outage