Switzerland continues with zero interest rates

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Switzerland continues with zero interest rates
Photo: Gregory Bull

The Swiss National Bank (SNB) is keeping its key interest rate at zero percent, saying the weakening inflation outlook is not enough to justify a cut.

Thursday's decision means the second quarter with unchanged policy rates. It is in line with the forecasts of all 23 economists surveyed by Bloomberg.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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