SNB slashes interest rate by 50 basis points

SNB slashes interest rate by 50 basis points

The Swiss National Bank (SNB) executed its largest interest rate cut in nearly a decade on Thursday. The central bank’s decision to reduce its policy rate by 50 basis points,…
European stocks edge up as traders await ECB

European stocks edge up as traders await ECB

(Reuters) – European stocks edged higher on Thursday, as investors braced for a rate cut from the European Central Bank and awaited hints on policy moves next year as the…