Swiss National Bank Holds Interest Rate at Zero, Cuts Inflation Forecast

The Swiss National Bank kept its interest rate at zero, judging that a weakened inflation outlook doesn’t yet justify a return to negative borrowing costs.

By Bastian Benrath-Wright, Levin Stamm · Bloomberg Markets

The Swiss National Bank kept its interest rate at zero, judging that a weakened inflation outlook doesn’t yet justify a return to negative borrowing costs.