Friday, September 17, 2010

Swiss Interest Rates unchanged



Beyond even almost the slightest bit of uncertainty, the Swiss National Bank decided to maintain the current stand of Interest Rates at 0.25%, just as forecasted. 

The central bank's release states: "Uncertainty about the future outlook for the global economy remains high. Economic recovery is not yet sustainable. Downside risks predominate. Should they materialise and result in a renewed threat of deflation, the SNB would take the measures necessary to ensure price stability."

SNB Interest Rate Decision

0.25%
Actual
0.25%
Consensus

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