Swiss National Bank Cuts Rates to Zero as Inflation Turns Negative, Global Risks Mount
14 Articles
14 Articles
ThePatriotLight - NIRP Is Back As Swiss National Bank Cuts Rates To Zero, Introduces Stealth Negative Rates
ThePatriotLight - Five years after covid sparked a once in a generation inflationary surge and forced all central banks to push their interest rates well above the zero (and in some cases negative) lower bound which defined the post-QE era, overnight the Swiss National Bank became the first to show that the world of higher rates is over and ZIRP is coming back, after the central bank cut its rate from 0.25% back to 0.00% for the first time since…
Forget chocolate! The world now envies Switzerland’s zero interest rates
The world envies Swiss chocolate, army knives, and now . . . interest rates? Swiss National Bank, Switzerland’s central bank, moved interest rates to zero this week, a reduction of 25 basis points, and a notable detraction from other central banks around the world, such as the Federal Reserve in the U.S. and the Bank of England in the U.K. In a statement, the Swiss National Bank said that the move was made in relation to declining inflation worr…
Swiss National Bank cuts rates to zero as inflation turns negative, global risks mount
ZURICH: The Swiss National Bank (SNB) lowered its key interest rate to zero per cent on Thursday, citing weakening inflation, sustained strength in the Swiss franc, and growing uncertainty surrounding the global economic outlook.
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