Subscriber OnlyMarketsEconomicsInvestors Bet SNB Will Soon Cut Its Already Ultra-Low BenchmarkByCatherine Bosley and Richard Jones+FollowAugust 20, 2019, 11:53 AM UTCTerms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. A Swiss National Bank interest-rate cut appears increasingly likely, with investors seeing a significant chance of a move next month.