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SNB Keeps Rates On Hold, Lowers Growth And Inflation Forecasts

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Swiss National Bank kept interest rates unchanged at a record low and reiterated its pledge to intervene in currency markets to weaken the Franc, which remains significantly overvalued. The SNB held a key deposit rate at –0.75% despite the expanded stimulus programme from the European Central Bank, which may[​IMG]

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