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acemaxx

franc has soared to a decade high against USD as investors rush for shelter from the global turmoil, sparking bets that will have to lower interest rates to or below to curb the currency’s rise,
chart @financialtimes.com
ft.com/content/029e39e9-2f1b-4

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acemaxx

Markets are pricing in an around 80% chance of the rate falling to zero at the next meeting in June, with a small chance it could move into negative territory later in the year, acc. to levels implied by markets.

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