SNB Holds at 0%, Raises Inflation Forecasts on Oil and Weaker Franc

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The Swiss National Bank left its policy rate unchanged at 0%, as widely expected, while upgrading its inflation forecasts after higher energy prices and a weaker franc lifted the price outlook. Inflation rose from 0.6% in May to 0.8% in August, with the increase driven mainly by oil products as goods inflation turned positive for […]The post SNB Holds at 0%, Raises Inflation Forecasts on Oil and Weaker Franc appeared first on ActionForex.