SNB Seen Cutting Rates If Franc Reaches 1.05 per Euro: Chart

The Swiss National Bank will cut interest rates if the franc appreciates about 3 percent to 1.05 francs per euro, according to Bloomberg’s monthly survey of economists. The central bank, which boosted stimulus last year to take pressure off the franc in response to euro-area easing, can reduce its deposit rate to as low as minus 1.25 percent, from the already record-low of minus 0.75 percent.

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