Swiss inflation drops to the lowest level in three years, the central bank is determined to cut interest rates in December.
In October, the inflation rate in swiss franc decreased to the lowest level in more than three years, indicating that the Swiss National Bank will further cut interest rates in both this year and 2025.
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Corporate loan interest rates hit a record low! In the first three quarters, the total financing provided by Beijing's financial system was nearly 950 billion yuan. In September, the weighted average interest rate for corporate loans dropped to 2.87%.
1. In the first three quarters of this year, the regions financial institutions in peking continued to show a growth trend in crediting. As of the end of September, the balance of various loans and deposits in RMB increased by 5.4% and 9.4% respectively year-on-year. 2. Since the beginning of this year, the average weighted interest rate for new corporate loans issued by financial institutions in peking has remained at a relatively low level, with the September average interest rate for corporate loans at 2.87%, reaching a new low in statistics.