SNB Keeps Interest Rates Unchanged at 0%
The Swiss National Bank (SNB) has maintained its key policy rates at 0%, as expected by market participants.
This decision was made during the bank's latest monetary policy assessment, which takes place quarterly in March, June, September, and December.
The SNB's mandate is to ensure price stability in the medium and long term, with a target of keeping the Swiss Consumer Price Index (CPI) below 2% per year.