Trade Policy Risks and SNB's Monetary Stance
SNB resists negative rates due to past harms.
U.S. trade policy is a major risk.
39% tariff on Swiss exports in August.
Export sectors like machinery and watchmaking affected.
Inflation remains stable.
SNB ready to intervene in forex markets.
0% rate supports economy with stable franc.
Diplomatic issues led to tariffs.
Tariffs and uncertainty risk exports and unemployment.
1 month ago