Remove Automotive Remove Banking Remove Correspondence
article thumbnail

Unlocking Switzerland’s potential: The rise of online marketplaces

McKensey

The fourth compares the central bank base rate in percent across the Bank of England, the European Central Bank, and the Swiss National Bank. Overall, the Swiss National Bank experienced rapid rate cuts to 0.5% set by the European Central Bank and 5.5% by the start of 2025 compared with 2.5% million and 3.8

article thumbnail

The next innovation revolution—powered by AI

McKensey

We have identified three primary channels through which AI technologies can accelerate innovation, each with a corresponding type of model: increasing the velocity, volume, and variety of design candidate generation; accelerating the evaluation of candidates through AI proxy models; and accelerating research operations.