Under the double pressure of low inflation and strong Swiss franc, the Swiss National Bank cut interest rates to zero as scheduled. Will the era of negative interest rates return?
According to the Intelligent Finance and Economics APP, in response to weak inflation, the appreciation of the Swiss franc, and the uncertainty brought by US trade policies, the Swiss National Bank lowered interest rates by 25 basis points on Thursday, lowering the benchmark interest rate to 0%, in line with market expectations. This is the sixth consecutive interest rate cut by the Swiss National Bank since March 2024.
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