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The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.
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Swiss National Bank cuts rates to zero, will not rule out going negative ReutersThree European Rate Cuts Seek to Contain US Tariff Upheaval Bloomberg.comSwitzerland enters era of zero interest rates CNBCAs war and tariffs fog the outlook, some central banks trim rates By Reuters Investing.com
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The era of zero interest-rate policy is back, after the Swiss National Bank on Thursday lowered interest rates to zero.
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Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump's policies on trade, taxes and immigration.
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