SNB Resists Temptation To Lower Interest RatesGuest Post
SNB Resists Temptation To Lower Interest Rates by Matthew Allen, swissinfo.ch
The Swiss National Bank (SNB) has decided against moving interest rates into even deeper negative territory. The central bank opted on Thursday to keep the benchmark rate at -0.75% for both ordinary savers and banks depositing their money at the SNB.
The announcement follows hard on the heels of a European Central Bank (ECB) decision to make commercial banks . . .
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