According to data from Jinshi, Adrian Pretejohn, an economist at Capital Economics, stated that the Swiss National Bank may lower its policy rate to negative territory at next week's meeting. LSEG data shows that about two-thirds of investors expect a 25 basis point cut to 0%, while one-third expect a 50 basis point cut to -0.25%. Pretejohn indicated that they expect interest rates to return to negative territory for the first time since 2022. Previously, the inflation rate in May dropped to negative territory, and the Swiss franc appreciated significantly after Trump announced tariff increases.