The Swiss National Bank left its policy rate unchanged after easing for six straight meetings as higher US trade tariffs dampened the economic outlook amid weak inflation.
The SNB retained its policy rate unchanged at zero percent, as widely expected.
Banks' sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount for sight deposits above this threshold still stands at 0.25 percentage points, the bank said in a statement.
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by Renju Jaya
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