Following the SNB's announcement of the rate cut, find out more about the interview (in french) with Boris Rechberger, Head of Financing Solutions, on RTS.
The SNB's announcement that it would cut interest rates has prompted a number of reactions, particularly in the property sector. Boris Rechberger, Head of Financing Solutions, told RTS that the rate cut could have a significant impact on the property market.
"People are more confident because we've already been talking about a possible rate cut since the start of the year, with low inflation. This rate cut was confirmed today, so that can only encourage people to buy."
Clearly, this decision by the SNB will certainly stimulate activity in the property market and open up new opportunities for those considering buying or selling a property.