Swiss National Bank Holds Steady Amid U.S. Tariff Developments

The Swiss National Bank (SNB) maintained its policy interest rate at 0%, citing the U.S. agreement to reduce tariffs on Swiss goods and ongoing low inflation. This decision aligns with analysts' expectations, marking the second consecutive meeting with unchanged rates.

The Swiss National Bank (SNB) opted to keep its policy interest rate unchanged at 0% on Thursday, taking into account the recent U.S. decision to lower tariffs on Swiss goods.

This marks the second consecutive meeting where the SNB, holding the lowest rate among major central banks, has chosen not to adjust interest rates.

Analysts and markets anticipated the decision, considering the central bank's focus on addressing persistently low inflation rates.

(With inputs from agencies.)