SNB holds at 0.00%, medium term inflation outlook virtually unchanged.

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SNB left its policy rate unchanged at 0.00%, as widely expected, and reiterated its readiness to intervene in foreign exchange markets if necessary. The hold reflects the bank’s assessment that current conditions do not justify a shift, even as inflation undershot expectations. In its statement, the SNB noted that inflation has been slightly weaker than […]The post SNB holds at 0.00%, medium term inflation outlook virtually unchanged. appeared first on ActionForex.