Swiss National Bank raises its key interest rate from -0.25% to 0.5% in biggest hike ever, to fend off inflation

GENEVA (AP) — Swiss National Bank raises its key interest rate from -0.25% to 0.5% in biggest hike ever, to fend off inflation.

Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up