Swiss National Bank Vice President Martin: further interest rate cuts may be implemented this year, eventually considering a negative interest rate.
Swiss National Bank Vice President Antoine Martin said on Thursday that the Swiss National Bank may cut interest rates again this year due to the moderate economic growth and low inflation rate in Switzerland. "Due to Switzerland's relatively low inflation rate, and economic growth can be faster, this tends to lower the policy rate," Martin said at an event organized by the Swiss Financial Analysts Association in Zurich. Martin mentioned the remarks of other officials from the Swiss National Bank who stated last month that they may cut interest rates again. Martin
Swiss Market Index Joins European Rally
swiss franc inflation rate in September fell to a new low in three years, swiss franc central bank is expected to further cut interest rates.
Swiss franc inflation rate in September dropped to the lowest level in over three years, indicating that the country's central bank is expected to further loosen monetary policy.
The Swiss National Bank persists in steadily lowering interest rates to curb the strength of the Swiss franc.
The Swiss National Bank has lowered the policy interest rate by 0.25 percentage points to 1.0% to address the easing of Swiss inflationary pressures. The central bank also warns that if necessary, more measures will be taken to curb the strength of the Swiss franc.
The Swiss National Bank has cut the benchmark interest rate by 25 basis points to 1%.
The Swiss National Bank lowered its benchmark interest rate by 25 basis points to 1%, marking the third consecutive rate cut, in line with market expectations.
One graph: 21 central banks have cut interest rates by more than 50 basis points. How will the Swiss National Bank's decision affect the Swiss franc?
The Swiss National Bank will release its interest rate decision at 15:30 on Thursday, September 26th, Beijing time. The median expectation from media surveys indicates that the Swiss National Bank is expected to cut rates by 25 basis points to 1.00%. However, some market players are betting that the Swiss National Bank will cut rates by 50 basis points. Let's take a look at the latest developments in central bank decisions in 168 countries/regions globally, as well as an analysis of the USD/CHF exchange rate.