(MENAFN - Swissinfo) Given the low inflation, which in May stood at a four-year low of -0.1%, and the strength of the Swiss franc, negative interest rates could return in Switzerland. This content ... .
"Negative interest rates and the impact of monetary policy" ... Matches empirical evidence Deposit facility rate and €STR forward rate ... but aggregate lending will always increase in response to a policy rate cut in negative territory.
Will the SNB Implement Negative Interest RatesAgain? ... Some economists even believe a return to negative interest rates is on the table—a possibility confirmed by SNB Chairman MartinSchlegel himself.
"If necessary, we are prepared to consider reintroducing a zero interest rate, or even a negative interest rate (monetary) policy," Schlegel told the participants of a meeting in Zurich.