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NEWS
SNB will maintain negative interest rates

SNB will maintain negative interest rates

15 September 2016

The Swiss National Bank (SNB) has announced today in its monetary policy assessment that it will continue with its expansionary monetary policy This means that it will maintain negative interest rates at current level (-O.75%).

The Swiss National Bank (SNB) has announced today in its monetary policy assessment that it will continue with its expansionary monetary policy This means that it will maintain negative interest rates at current level (-O.75%).

Although the SNB expects moderate growth on a global level, it indicated that Brexit has caused considerable uncertainty making it more difficult to assess the outlook of the economy in general.

For further details you can visit the SNB website                               

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