SNB slashes rate to 0% amid deflation, strong franc pressure. 💸📉
• 6th cut since 2024; now at 0%.
• Aims to weaken CHF, boost exports (hurts savers).
• Could signal global ZIRP return; crypto markets may see lift.
• 6th cut since 2024; now at 0%.
• Aims to weaken CHF, boost exports (hurts savers).
• Could signal global ZIRP return; crypto markets may see lift.