May 7, 2025|
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|7 months agoSwiss National Bank Considers Return to Negative Rates
SNB Chair Martin Schlegel announces readiness to implement negative interest rates amid economic uncertainty and strong franc concerns.
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Generated IllustrationKey Takeaways
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- The Swiss National Bank is prepared to reintroduce zero or negative interest rates.
- The SNB abandoned negative interest rates in September 2022.
- The SNB is ready to intervene in the foreign exchange market if necessary.
- Most economists expect a rate cut to 0% in mid-June.
- Market volatility has increased due to a trade war declared by Washington.
By The Numbers
9%
Appreciation against the US Dollar
0%
Inflation Rate (April 2025)
0.25%
Current Key Interest Rate
They Said
"If necessary, we are prepared to consider reintroducing a zero interest rate, or even a negative interest rate (monetary) policy."
"No scenario has been ruled out."
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