Swiss National Bank Cuts Interest Rate to Zero Amid Economic Uncertainty
The Swiss National Bank (SNB) has cut its interest rate to zero as a response to:
- Falling inflation
- Appreciating Swiss franc (CHF)
- Economic uncertainty from trade tensions
This marks the sixth consecutive reduction since March 2024. The shift to a zero interest rate policy (ZIRP) may indicate similar actions in Europe and other advanced economies, potentially benefiting bitcoin.