US EditionSNB chairman Schlegel: We don't take decision on negative interest rates lightly
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First, SNB boss Schlegel signaled that the interest rate could also slide into the minus, then he told the media that this step was an enormous hurdle, says SNB expert and podcaster Fabio Canetg. For such public knowledge a mandate is missing - inflation is the topic, basta.
The SNB stresses that despite the new key interest rate of 0 percent, no mandatory negative interest rates have to follow.
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