Switzerland Nears Deflation as SNB Mulls Rate Cuts - WSJ
1. Swiss inflation fell to 0.0% in April, nearing deflation. 2. SNB may cut rates from 0.25% to 0% amid rising CHF strength. 3. Currency appreciation raises concerns about economic stability. 4. Rate cuts expected to occur as early as June 2023. 5. Historical negative rates were maintained until 2022, influencing current expectations.