TL:DR We all know what does this mean right?
Maybe in few months the motherf**ker referensatz will go down from 1.75 to 1.5.
It has to be like this according to my understanding.
Be ready landlord, our revenge arrives…
The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25 percentage points to 1.5%, saying national inflation is likely to stay below 2% for the foreseeable future.
Economists polled by Reuters had expected the Swiss central bank to hold rates at 1.75%.
Switzerland is the first advanced economy to cut interest rates following a prolonged period of high inflationary pressures.
by schrieffer321
7 comments
So rents will go down now?
Last week my landlord sent me a letter to increase the rent, does this mean now that I can contest it?
How does that impact day to day?
What’s the SNB stance in inflation ?
CHF lost against the USD quit a bit today, good day for me 🙂
Nice
Very good day for me very bad for the economy and the Swiss working class in the longer term imo