You are here

Swiss economy faces its first recession in six years


SWISS central bank president Thomas Jordan has little interest-rate firepower left as he watches over an economy teetering on the brink of its first recession in six years.

The Swiss National Bank, whose deposit rate is already at a record low of minus 0.75 per cent, is up

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom