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SNB Chairman Schlegel: We Are Now On The Verge Of Negative Interest Rate Territory - Data Intelligence

Summary by Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai.
Will continue to monitor the situation and adjust policy if necessary Negative rates were an important instrument in the past We are aware of the undesirable effect of negative interest rates The rate cut today serves to counter lower inflationary pressures Global outlook subject to high uncertainty (Tschudin) Expects Swiss economic growth to slow and be subdued for the rest of 2025 (Tschudin) Higher trade tensions has led to deterioration of gl…
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20 Minuten broke the news in on Wednesday, June 18, 2025.
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