Economics

SNB May Not Cut Rates in Response to ECB Easing, Credit Suisse Says

Photographer: Stefan Wermuth/Bloomberg
Lock
This article is for subscribers only.

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

The Swiss National Bank may choose to forgo an interest rate cut in the event of more euro-area stimulus and instead resort to interventions to offset the franc’s rise, according to Credit Suisse Group AG.