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Top related persons:
Kyle Chapman - 2 exacerbation - 1 Swissmem - 1 SNB - 1 Chapman - 1 Thomas Jordan - 1 Jordan - 1 Adrian Prettejohn - 1
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Zurich Switzerland Swiss Europe London Japan
Top related orgs:
Swiss National Bank - 2 European Central Bank - 2 U.S . Federal Reserve - 2 Swiss - 2 U.S . - 2 Ballinger Group - 2 ING - 1 Capital Economics - 1

Search resuls for: "Kyle Chapman"


2 mentions found


☆ Swiss central bank cuts rates by a quarter point in third trim this year
  + stars: | 2024-09-26 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +4 min
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. It was the first major Western central bank to reduce interest rates back in March. Domestically, Swiss inflation remains subdued, with the latest headline print pointing to a 1.1% annual increase in August. Further cuts in the SNB policy rate may become necessary in the coming quarters to ensure price stability over the medium term," it added. He added that the central bank may nevertheless have to reduce rates again to retain inflation in the 0-2% target range.
Persons: exacerbation, Swissmem, SNB, Kyle Chapman, Chapman, Thomas Jordan, Jordan, Adrian Prettejohn, Prettejohn Organizations: Swiss National Bank, European Central Bank, U.S . Federal Reserve, Swiss, U.S ., ING, Ballinger Group, Reuters, Capital Economics Locations: Zurich, Switzerland, Swiss, Europe
☆ Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
  + stars: | 2024-06-20 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +3 min
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at a time when sentiment over monetary policy easing remains mixed among major economies. The figures assumes a SNB interest rate of 1.25% over the prediction period. Switzerland already has the second-lowest interest rate of the Group of Ten democracies by a wide margin, following Japan. It became the first major economy to cut interest rates back in late March and was earlier this month followed by the European Central Bank, and questions are now mounting over whether it will proceed with a third rate cut this year.
Persons: Kyle Chapman Organizations: Swiss National Bank, Reuters, Swiss, U.S ., Nomura, European Central Bank, Ballinger Group, U.S . Federal Reserve, Bank of England Locations: Zurich, Switzerland, Swiss, London, Japan
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