Switzerland’s central bank lowered its key interest for a fifth straight meeting, while its Swedish counterpart left rates unchanged for the first time since mid-2024.

STOCKHOLM (Reuters) -Sweden's central bank kept its policy rate unchanged at 2.25% as expected on Thursday as it weighed up a still sluggish domestic economy and the risks posed by signs of resurgent inflation and brewing global trade tensions.

EUROPEAN shares closed lower on Thursday, after four sessions of gains, as investors booked some profits and assessed interest rate decisions by major central banks across the continent. Read more at The Business Times.