UPDATE 1-SNB launches new reference rate, sticks with loose policy
The Swiss National Bank kept its
ultra-loose monetary policy in place on Thursday to ease
pressure on the “highly valued” Swiss franc as central banks in
the United States and Europe hinted at loosening their own
interest rates.
ultra-loose monetary policy in place on Thursday to ease
pressure on the “highly valued” Swiss franc as central banks in
the United States and Europe hinted at loosening their own
interest rates.
Posted by Reuters