Global Central Banks Adjust Interest Rates Amid Economic Uncertainty

Recent actions by central banks in Norway and Switzerland reflect a growing concern over economic stability. The Norges Bank unexpectedly lowered its key interest rate by 0.25 percentage points to 4.25%, citing declining inflation and international economic pressures.

In Switzerland, the National Bank also cut its rate to zero, aiming to combat deflation and ensure price stability. This decision follows speculation about potential negative rates due to the strong Swiss franc.

Meanwhile, the Bank of England maintained its rate at 4.25%, highlighting ongoing inflation risks tied to geopolitical tensions. These developments underscore a cautious response to fluctuating economic conditions and the unpredictability of global markets.