The Swiss National Bank cut its main interest rate to just above zero on Thursday and flagged increased uncertainty over the global impact of U.S. President Donald Trump's trade policies.

While many central banks, such as the US Fed and the Bank of England, are holding off on rate cuts, the Swiss National Bank (SNB) is diving in. On 20 March 2025, the SNB cut its interest rate by a fur

The move takes the bank's main rate to 0.25%. The cut was widely anticipated, with traders previously pricing in an over 70% chance of a quarter-point reduction. It follows a 50-b