What was the main reason for the SNB's decision to cut the interest rate by 50 basis points?
SNB's Schlegel on Interest-Rate Decision, Negative Rates

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To align with economists' expectations
To decrease the value of the Swiss franc
To stabilize inflation forecasts
To increase inflation pressure
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the recent interest rate cut affect the likelihood of future rate cuts?
It increases the likelihood of future cuts
It has no impact on future cuts
It ensures future cuts will be larger
It decreases the likelihood of future cuts
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the SNB's stance on the appreciation of the Swiss franc against the euro?
They are highly concerned and plan immediate intervention
They monitor it closely but focus on overall monetary conditions
They believe it will naturally depreciate soon
They have decided to ignore it completely
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What lesson did the SNB learn from the last period of negative interest rates?
Negative rates were unpopular but effective
Negative rates increased the attractiveness of the Swiss franc
Negative rates were ineffective
Negative rates had no impact on the economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the SNB's approach to potential future negative interest rates?
They will wait for other central banks to act first
They plan to implement them immediately
They have ruled out negative rates entirely
They are ready to implement them if necessary
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the SNB view its mandate in relation to foreign exchange interventions?
They follow the US's lead on foreign exchange policies
They ignore foreign exchange interventions completely
They focus solely on domestic mandates
They prioritize international mandates over domestic ones
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the new board member, Petra Tudi, integrated into the SNB's board?
She is leading the board's decisions
She has not yet participated in any decisions
She is struggling to adapt
She has been well-integrated and is working well with the team
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