Global Economy
SNB’s Tschudin said the bank would cut its policy rate below 0% if warranted by inflation
StockNow breaking-news AI analysis
SNB's Tschudin affirmed readiness to cut rates below 0% if inflation warrants, citing low inflation expectations and oil's small consumer basket weight for subdued Swiss inflation.
News detail
Swiss inflation is low because inflation expectations are low and oil has a small weight in Switzerland's consumption basket. Ready to take interest rates below zero if necessary. We don't publish interest rate forecasts; current inflation forecast should not be taken to mean interest rates will remain at current level for three years.
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.