It’s expected the Swiss National Bank will cut interest rates further today.
The Bank has a new chairman, Martin Schlegel, who took up the position in October.
Rates have already been cut by three quarters of a percent this year – and analysts expect a further 25 basis point reduction today, taking rates to point 75%.
There are some economists who expect an even harsher cut of half a percent.
The Bank has already warned we may re-enter negative rates again in the future.