SNB’s Zurbruegg says cycle to turn, no negative rates

Swiss National Bank board member Fritz Zurbruegg expects interest rates to start moving up again once economic growth recovers, ruling out a move into negative rates. “We will be moving up as soon as economic fundamentals come to bear,” Zurbruegg told a conference in Zurich. “Once we get economic…

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SNB’s Zurbruegg says cycle to turn, no negative rates

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