SNB Sees `No Reason' to Change Lowest Deposit Rate in the World

The video discusses the current state of negative interest rates at -75 basis points and the rationale for maintaining this policy despite criticism. It explains the low inflation forecast and modest growth rates, which justify the current monetary conditions. The potential negative impacts of raising interest rates, such as currency appreciation and reduced growth, are highlighted. Additionally, adjustments in the banking system to lower costs and manage short-term interest rates are covered.

What is the speaker's view on the adequacy of the current monetary conditions?

How has the touring system been changed to benefit banks?