SNB Gives Last Interest-Rate Playroom: Savers Bleed – Inside ParadeplatzInside ParadeplatzInside Paradeplatz
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Lowering to 0 percent key interest rate, weak economy, rising unemployment: Switzerland before difficult times? Martin Schlegel and his colleagues from the National Bank's top have done what was in the air. They went down to zero. The last possible step before negative interest rates – it just happened. As always, the central bank argues with inflation. The [...]
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