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Swiss National Bank may cut interest rates below zero
Switzerland
First seen: Aug 21, 2026, 5:47 PM UTCUpdated: Aug 21, 2026, 5:47 PM UTC
WHAT HAPPENED
Swiss National Bank official Petra Tschudin said the bank is prepared to cut rates below zero if needed.
SO WHAT?
Negative rates could affect borrowing costs, the Swiss franc and financial markets.
FOR ME
Impact on Switzerland
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