A characteristic of the era of the short
made a return to Switzerland, one of the most financial powers in the world.
The Swiss National Bank (SNB) reduced its interest rate to zero on Thursday, to counter a drop in inflation, appreciating the Swiss franc (CHF) and the economic uncertainty caused by the trade war of President Donald Trump.
The return to zero comes as the prices threaten to deflate the nations with a trade surplus, such as Switzerland and China.
The last drop in prices is Bank’s sixth consecutive decision since it began to reduce loan costs in March 2024.
The return of the SNB to zero can be a sign of things to go through Europe and other advanced nations. A wide performance at zero interest rate policy (ZIRP) can increase well for Bitcoin.
