Swiss National Bank adopts negative interest rate

By David Jolly
Updated December 19 2014 - 11:18am, first published 10:55am
The Swiss National Bank said the effect on rates paid on individual savers' accounts  was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.
The Swiss National Bank said the effect on rates paid on individual savers' accounts was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.
The Swiss National Bank said the effect on rates paid on individual savers' accounts  was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.
The Swiss National Bank said the effect on rates paid on individual savers' accounts was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.
The Swiss National Bank said the effect on rates paid on individual savers' accounts  was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.
The Swiss National Bank said the effect on rates paid on individual savers' accounts was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.
The Swiss National Bank said the effect on rates paid on individual savers' accounts  was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.
The Swiss National Bank said the effect on rates paid on individual savers' accounts was beyond its responsibility. Interest rates paid to savers in Switzerland are already extremely low, so there is little room for further cuts.

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