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Swiss National Bank leaves rates on hold at 2.75%

LONDON (MarketWatch) — The Swiss National Bank opted to keep rates on hold at 2.75% as most in the market expected, though there were some who speculated it could hike. The central bank kept its GDP forecast unaltered for 2008 but increased its inflation forecast to 2.7% this year; however, it expects inflation to slow to 1.7% in 2009 and 1.3% in 2010 on the expected economic downturn.
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Original post by Forextvblog

This entry was posted on Thursday, June 19th, 2008 at 12:38 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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