Swiss National Bank Has Room to Cut Rates, Chairman Says
Martin Schlegel, Chairman of the Swiss National Bank, asserted that there is still potential for further reductions in interest rates. He pointed out that if inflation in Switzerland remains low, the bank could even consider pushing rates below zero. While such a scenario is not guaranteed, it reflects a cautious stance on maintaining economic stability in Switzerland. As global economic conditions evolve, the bank’s decisions will be pivotal in shaping monetary policy within the country. Investors should remain alert to how these potential shifts could impact the Swiss economy.
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