Home » Business » Mortgages, investments, negative interest rates: consequences of the SNB rate hike Mortgages, investments, negative interest rates: consequences of the SNB rate hike September 15, 2022 by world today news The Swiss National Bank is likely to raise interest rates again next week. What this means for savers, consumers and mortgage holders and what consequences the June rate hike has already had. — – Up to now, higher interest rates have had a limited impact on residential property prices in Switzerland. Karin Hofer / NZZ – In its assessment of the situation next Thursday, 22 September, the Swiss National Bank (SNB) is likely to raise the benchmark rate further. The European Central Bank (ECB), among other things, has created room for maneuver by announcing an interest rate hike of 0.75 percentage points to 1.25 percent last week in the fight against record inflation. – Related posts:The Philippines steps up its campaign against cryptocurrencies… after the recent crashes of Investin...Discover the Superior Alternative to Thermal Coats: The Efficient and Economical Heat PumpWhat is the Top Investment Option for 2023 Amidst Surging Gold Prices and an Interest Rate Hike?The owner of Tesla was shocked by the bill for replacing the battery under warranty Switzerland, a nation of will, should want its children A complete guide on how to use non-fungible tokens in the iGaming industry Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: