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Switzerland s Central Bank Retains Key Rate, Cuts Inflation Outlook

The Swiss National Bank kept its benchmark rate unchanged on Thursday and turned more dovish as it lowered the inflation forecast and altered the policy stance on forex interventions.

Switzerland Central Bank Keeps Rate Unchanged

The Swiss National Bank kept its benchmark rate unchanged, as widely expected, on Thursday. The SNB Governing Board, chaired by Thomas Jordan, decided to hold the policy rate at 1.

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