Economics
The World’s Lowest Interest Rate Could Be Going Even Lower
- Futures market puts almost 50% chance on a cut in early 2020
- Swiss franc has appreciated to strongest in almost two years
The Swiss National Bank's (SNB) headquarters in Bern.
Photographer: Philipp Schmidli/Bloomberg
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Investor expectations are building that the Swiss National Bank will take its key interest rate even further below zero as it faces a renewed franc appreciation.