SNB chairman Schlegel: There is a high bar to negative rates

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By Justin Low

5 hours ago

Remarks by SNB chairman, Martin Schlegel, to Migros-Magazin

We are aware of undesirable effects of negative rates
US tariffs uncertainty has negative impact on the economy

They've been repeating this for quite a while now so this isn't anything new. And markets are also listening with no more rate cuts priced in for the remainder of this year at least.

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