Swiss Inflation May Dip Below Zero Some Months, Schlegel Says

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The SNB has lowered interest rates several times in 2024. Martin Schlegel gives an outlook on what might follow.

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Swiss Inflation May Dip Below Zero Some Months, Schlegel Says

Inflation in Switzerland is set to remain low this year and may slip below zero some months, according to Swiss National Bank President Martin Schlegel.

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SNB's Schlegel: Negative rates won't be taken lightly - Action Forex

SNB Chair Martin Schlegel said on Monday that while the central bank is reluctant to reintroduce negative interest rates, it cannot rule them out entirely. He stated, “negative interest rates have served their purpose, but it is not something the SNB would do lightly,” . Schlegel also downplayed the risks of deflation, noting that occasional […] The post SNB’s Schlegel: Negative rates won’t be taken lightly appeared first on Action Forex.

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SNB’s Schlegel: We can't rule negative interest rates out

Swiss National Bank (SNB) Chairman Martin Schlegel said on Monday that while the central bank does not favor negative interest rates, it cannot completely rule them out, per Reuters.