The Swiss #National Bank (SNB) has opted to keep its policy interest rate unchanged at 1.75%, aligning with analysts’ expectations. This decision, announced on Thursday, reflects the SNB’s assessment of a global economy experiencing stronger-than-anticipated growth in the third quarter of the year. Despite the positive economic signs, the central bank emphasized... Read More
The Swiss #National Bank (SNB) has opted to keep its policy interest rate unchanged at 1.75%, aligning with analysts’ expectations. This decision, announced on Thursday, reflects the SNB’s assessment of a global economy experiencing stronger-than-anticipated growth in the third quarter of the year.
Despite the positive economic signs, the central bank emphasized the prevailing high level of uncertainty in the global economic landscape, prompting a cautious approach to monetary policy adjustments. Read Less
