Die Schweizer Inflation verharrte bei 0,1 %. Kommen die Negativzinsen zurück?

In my opinion low inflation or even a little bit of deflation is not a bad thing. The argument is that deflation is bad for the economy because it discourages spending (prices go down in the future). However, the thing is that in a wealthy economy, most of the money is invested in assets that goes up in value anyways, so spending is already discouraged in that sense. If the Swiss Franc as a currency would try to compete just a little bit with investments like index funds and gold (by keep the currency strong, not devaluing it), it would benefit the average saver who maybe shies away from investing, and give the SNB and Swiss government more power to print a little cash in the future if it becomes absolutely necessary.

All economic policies come with tradeoffs. The current CHF policy is very good if you’re not looking for employment and especially for pensioners. Japan went with the opposite approach and time will tell which one’s better.