Swiss central bank raises key interest rate and says more hikes can't be ruled out

Swiss central bank raises key interest rate and says more hikes can't be ruled out

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Switzerland's central bank raised its key interest rate Thursday as it seeks to combat inflation and said “it cannot be ruled out” that more hikes will be necessary. Inflation declined significantly to 2.2% in May but is above the target set by the Swiss National Bank, which warned that price…

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