SNB: Switzerland Can Go Further on Negative Rates

The transcript features a discussion with the Credit Suisse CEO on the effectiveness of negative interest rates in small countries like Switzerland. It covers topics such as cash hoarding, monetary policy tools, and the economic outlook in Europe, including Brexit. The conversation also touches on global monetary policy, interactions with central banks, and the need for structural reforms to enhance the effectiveness of monetary policy.

How does the CEO perceive the current state of cash hoarding?

What does the CEO believe is necessary for the effectiveness of monetary policy?

What concerns does the CEO express about the future of structural reforms?