Swiss National Bank Cuts Interest Rates for the First Time in Nine Years
On March 21, the Swiss National Bank (central bank) cut its main interest rate by 25 basis points (bp) to 1.50%. The unexpected decision made it the first major central bank to cut interest rates. The photo was taken with Bern. Photograph taken in December 2023 (2024 Reuters/Denis Balibouse) [チューリヒ 21日 ロイター] – The Swiss […]
The Bank of Japan Expected to Move to Two-Tier Deposit Structure as Negative Interest Rates Are Abolished
Bank of Japan Expected to Shift Deposit Structure as Negative Interest Rates Abolished Speculation about the Bank of Japan’s policy reforms continues to grow, with market opinion suggesting that the current three-tier structure of Bank of Japan current account deposits will transition to two tiers of 0% and 0.1% after the abolition of negative interest […]