Lates News

German Commercial Bank believes that even if the Swiss central bank further cuts interest rates after announcing lower-than-expected inflation data on Monday, the downside potential for the Swiss franc is limited. All signs indicate that the Swiss central bank will cut interest rates by another 25 basis points to 0% in June. It will be interesting to see what measures the Swiss central bank will take afterwards. Even if negative interest rates reappear, every market participant should be aware that the Swiss central bank's room for maneuver is limited, which could restrict any depreciation of the Swiss franc.