Rates: western central banks do not stop
Posted on 20.06.2022The latest to usher in a more restrictive monetary policy was the Swiss National Bank (SNB), which raised its key rate by half a percentage point on Thursday. The rate rose from -0.75% to -0.25%. By now, it is clear that all major western central banks have only one goal in front of them: to curb inflation. The SNB follows the example of the Federal Reserve The increase in interest rates (see also "What are interest rates?") by the SNB could be followed by further interventions in or ...
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