The cause of the solution is called the weakening of inflation, the strengthening of the Swiss franc, and also the uncertainty in the economy caused by the US trade policy.
The agency notes that the Swiss Central Bank is on the threshold of the introduction of a negative rate. It was already noted by the extremely soft monetary policy from 2014 to 2022, which caused wide discontent among banks, depositors and insurance companies, the report said.
The key rate is the main tool for monetary policy. This is the minimum percentage under which the National Banks issue loans to commercial banks, they, in turn, offer funds to consumers, setting a higher rate.
