The Swiss National Bank has surprised the markets by slashing interest rates by half a percent.
Many analysts were expecting a cut just a quarter of a percent.
Inflation is still low which gives the bank more freedom to reduce rates.
The move will also help the soaring franc which is harming exporters.
The franc fell on the currency markets after the news and shares prices rallied in Zurich.
We're all getting used to AI
Initiative to limit frontalier jobs rejected by State Council
New rules for social media plannned
Pâquis to get a facelift
New overnight train from Basel to Malmö
Winter tyres compulsory in France from Saturday
