Swiss central bank cuts rates to zero
Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking
Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking

Swiss groups are involved in deals across sectors, defying currency moves and US tariffs

Stricter post-Credit Suisse oversight sets nation on different path to US in particular

European country hopes to reduce levy from 39% after business leaders stepped in to drive the talks forward

New duty level on Swiss goods one of highest in the world and exceeds 31% rate outlined by Donald Trump in April

Alpine currency at strongest level since 2015 shock appreciation, putting pressure on central bank

GDP only expanded by 0.1% in second quarter, adding to pressure on central bank to return to negative interest rates