The Swiss National Bank has finally dropped interest rates to zero after the Swiss franc surged 10% against the dollar this year! Inflation fell to -0.1% in May, the first negative reading in four years, and the SNB is now struggling to tame its currency’s strength without wrecking savers and pension funds. Is this the end of the negative rate experiment or just another financial circus? Comment below and tell us if you think the Swiss economy can survive this cat-and-mouse game with the franc!
