David Taljat
The Federal Reserve keeps holding steady, but central banks across Europe are continuing to cut interest rates.
On Thursday, the Swiss National Bank trimmed its key benchmark rate by 25 basis points to 1.25% after becoming the first major economy to start an easing cycle back in March.
The European Central Bank has since followed with a rate cut of its own, and an interest rate decision by the Bank of England will be in focus later in the session after U.K. inflation returned to its 2% target for the first time in almost three years.
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