SNB Holds at 0%, Sees Energy-Driven Inflation as Temporary

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The Swiss National Bank delivered one of the least surprising decisions of the week, leaving its policy rate unchanged at 0% and signaling little urgency to alter its policy stance anytime soon. Despite inflation rising to 0.6% in May from 0.1% in February, the SNB made clear that it views the increase as largely an […]The post SNB Holds at 0%, Sees Energy-Driven Inflation as Temporary appeared first on ActionForex.