SNB Cut to Negative Would Be Much Bigger Step Than ‘Normal’ Reduction, Schlegel Says

SNB Cut to Negative Would Be Much Bigger Step Than ‘Normal’ Reduction, Schlegel Says



SNB Cut to Negative Would Be Much Bigger Step Than ‘Normal’ Reduction, Schlegel Says
Swiss National Bank President Martin Schlegel said cutting interest rates below zero is a more significant move than a reduction above that level, suggesting the central bank may be hesitant to take such a step.


www.bloomberg.com
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