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Extra-large positive, interest rate cut by 25 basis points, celebrating the whole world, and it is expected to stabilize in the afternoon?

The Swiss National Bank cut its benchmark interest rate by 50 basis points to 0.5%, which is the fourth consecutive rate cut by the Swiss National Bank. This decision to cut interest rates may have a certain impact on the Swiss franc, the stock market and global financial markets, especially in the context of increasing global economic uncertainty. The interest rate cut is regarded as a measure to curb the recent appreciation of the Swiss franc, aiming at influencing the trend in the coming months. Schlegel, governor of the Swiss National Bank, said that if monetary policy needs to be further relaxed, interest rate cuts will remain the main tool.

Extra-large positive, interest rate cut by 25 basis points, celebrating the whole world, and it is expected to stabilize in the afternoon?