Why the Swiss National Bank set a -0.75% interest rate
January 15, 2015 19:32 PM UTC - Updated November 05, 2019 15:43 PM UTC
The Swiss National Bank put out a statement confirming it was dropping interest rates to -0.75 percent. No central bank in the world has ever set an interest rate so low.
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-0.75% interest ratebusiness newseuro valuefranc to euro exchange ratefranc valuelowest interest rate evernegative interest rateswiss banksswiss francswiss national bankwhy did swiss national bank drop interest rate so low