Swiss Central Bank and Europe Implement Zero Interest Rate Policies Amid Global Uncertainty

1 min read
Source: Financial Times
Swiss Central Bank and Europe Implement Zero Interest Rate Policies Amid Global Uncertainty
Photo: Financial Times
TL;DR

The Swiss National Bank has lowered interest rates to zero to combat a surging Swiss franc and low inflation, marking the first time the country has set rates at zero since experimenting with negative rates, amid global trade tensions and a strong safe-haven currency.

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