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CH Central Bank unexpectedly cut rates again (Patreon)

Published:
2024-06-20 15:54:51
Imported:
2026-06
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Content

Wow! They did it again!

Switzerland's Central Bank unexpectedly cut its policy rate to 1.25%.

This could put some additional pressure on BofE, ECB and Fed

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Comments

DAFOX

CHCB do not buy shity fiat anymore and has to adjust the Franc with rate cuts. Grüessli

Rufflife

Funny how whatever the traders want they get. Oil up everyday for 10 straight days even with all data showing slowing demand and rising inventories, total opposite of what should happen. Meanwhile mstr buys a billion in Btc and it tanks $2000 in minutes at the open!🙄

CryptoPirate

Being Swiss, this was not unexpected. Are inflation is under control at around 1.5%!

VBrand

Did we miss the boat on microstratagy ? Or can we still add slowly in Roth

RSUMUC

markets did expect this rate cut, not unexpected. I live in Switzerland…

Holdinaces

Allot of confusion here in the comments.. here are the facts: Bitcoin did a double top! and that is bearish till it breaks 🤓

Crypto Monte

The only people who are getting royally screwed are these USA Thanks to JP No description for him

Wandoo
>>141388300

Don’t forget about the Bank of England, they’re so in bed with the USA we might as well be the 51 state of America!

OrcinusOrca
>>141402986

Yes.. I have heard that for decades... the world turns at 900 nautical miles an hour. Non stop. People survive. Govs waste. The rich play social innuendo and waste even more. When we die we go out the same way. Years later we are nothing but dust and bones. And all skeletons look the same. Ahah

FB

Let's hope Canada also goes for another rate cut in July!