Europe’s Subzero Rate Era Poised to End as SNB Plays Catchup

The Swiss National Bank will probably end Europe’s decade-long experiment with negative interest rate policy this week as officials emphatically hike above zero. Economists are split three ways on what to expect on Thursday, with about half surveyed anticipating a 75 basis-point increase — matching European Central Bank action this month — to 0.5% while the rest see either a quarter-point less or more than that.

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