"The SNB doesn't like negative interest rates, at the same time we can't rule negative interest rates out," he told broadcaster SRF."Not something the SNB would do lightly."
In recent weeks, Schlegel has frequently mentioned the possibility of negative rates, particularly as Swiss inflation has declined to 0.6% in December, raising concerns about deflation.
"It is possible that will be individual months with negative inflation, but that is not a problem," reiterated the SNB focus on maintaining price stability in the "mid term" within its 0 - 2% target range.The next SNB interest rate decision will take place on Thursday, March 20, 2025 at 8:30 AM GMT
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( SNB Chair Schlegel says doesn't want negative interest rates, but "can't rule them out" )
Also on site :