External Content

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

(Bloomberg) -- The Swiss National Bank is expected to hold the interest rate on sight deposits at a record low of minus 0.75 percent for at least another two years, according to Bloomberg’s monthly survey of economists. That’s because Switzerland’s central bank needs to maintain the interest rate differential with the euro area, where policy makers are predicted to stay on hold until early 2019. The SNB is using negative rates to make the franc less attractive to foreign investors.

--With assistance from Andre Tartar

To contact the reporters on this story: Harumi Ichikura in London at hichikura@bloomberg.net, Catherine Bosley in Zurich at cbosley1@bloomberg.net.

To contact the editors responsible for this story: Joshua Robinson at jrobinson37@bloomberg.net, Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss

©2017 Bloomberg L.P.

Neuer Inhalt

Horizontal Line

swissinfo EN

Teaser Join us on Facebook!

Join us on Facebook!

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.

Click here to see more newsletters