LBCI

Swiss central bank reveals big rate cut to boost economy

World News

12-12-2024 | 04:02

Share

Share

Swiss central bank reveals big rate cut to boost economy

The Swiss central bank announced a surprise interest rate cut of 0.5 percentage points on Thursday as inflation slows, but the country's economy struggles.

The country's economic "growth should pick up somewhat next year, albeit only slightly due to the moderate global economic activity," the Swiss National Bank (SNB) said in a statement.

AFP

World News

Switzerland

Central Bank

Economy

Next

Afghanistan earthquake death toll rises to 622

Recommended For You

OPEC+ agrees slight oil production hike

12:22

OPEC+ agrees slight oil production hike

Trump says Xi understands 'consequences' if China invades Taiwan

10:58

Trump says Xi understands 'consequences' if China invades Taiwan

Netherlands to return 3,500-year-old sculpture to Egypt

Middle East News

10:55

Netherlands to return 3,500-year-old sculpture to Egypt

Nigeria says US help against Islamist insurgents must respect its sovereignty

10:41

Nigeria says US help against Islamist insurgents must respect its sovereignty

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Israel tightens grip on northern border, threatens to target Beirut—the details

News Bulletin Reports

12:43

Israel tightens grip on northern border, threatens to target Beirut—the details

Lebanon launches nationwide campaign to remove illegal ‘newelne’ roadside stalls

News Bulletin Reports

2025-11-01

Lebanon launches nationwide campaign to remove illegal ‘newelne’ roadside stalls

Lebanon looks to boost tourism and economy with Jounieh harbor revival

News Bulletin Reports

2025-09-09

Lebanon looks to boost tourism and economy with Jounieh harbor revival

Turkey set to call for action on Gaza as soon as possible, source says

Israel-Gaza War Updates

05:31

Turkey set to call for action on Gaza as soon as possible, source says

Videos

Meet Miss Lebanon 2025 contestants: Video

2025-10-04

Meet Miss Lebanon 2025 contestants: Video

Series of Israeli airstrikes spark massive fire in southern Lebanon

2025-10-02

Series of Israeli airstrikes spark massive fire in southern Lebanon

Lunar eclipse captivates Lebanon: watch the stunning video

2025-09-07

Lunar eclipse captivates Lebanon: watch the stunning video

Most read

24 hours

7 days

Month

Netanyahu says Hezbollah is being hit continuously, urges Lebanon to disarm the group

1

Netanyahu says Hezbollah is being hit continuously, urges Lebanon to disarm the group

Israel tightens grip on northern border, threatens to target Beirut—the details

2

Israel tightens grip on northern border, threatens to target Beirut—the details

Israel warns of intensifying attacks against Hezbollah in South Lebanon

3

Israel warns of intensifying attacks against Hezbollah in South Lebanon

Lebanon’s southern border: Between containment and confrontation

4

Lebanon’s southern border: Between containment and confrontation

Egypt–Lebanon meeting: Cairo reaffirms support for Beirut against Israeli violations

5

Egypt–Lebanon meeting: Cairo reaffirms support for Beirut against Israeli violations

Egyptian and Lebanese PMs discuss strengthening bilateral ties and investment cooperation ahead of Beirut visit

6

Egyptian and Lebanese PMs discuss strengthening bilateral ties and investment cooperation ahead of Beirut visit

Al-Hajjar, Al-Shaibani discuss strengthening Lebanon-Syria security and political cooperation in Manama

7

Al-Hajjar, Al-Shaibani discuss strengthening Lebanon-Syria security and political cooperation in Manama

Pezeshkian: Iran will rebuild its nuclear facilities “with greater strength”

8

Pezeshkian: Iran will rebuild its nuclear facilities “with greater strength”

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More