World & BusinessSwiss National Bank holds rates at 0% as markets bet on hikes ahead
Low inflation and a strong franc are allowing Switzerland to diverge from other central banks, CNBC reports.
TLDR
CNBC reports that the Swiss National Bank kept interest rates at 0%, with low inflation and a strong franc enabling it to diverge from other central banks. But markets are betting Switzerland cannot avoid joining the global rate-hiking cycle much longer, the outlet says.
Swiss National Bank holds rates at 0% as markets bet on hikes ahead
Low inflation and a strong franc are allowing Switzerland to diverge from other central banks, CNBC reports.
TLDR
CNBC reports that the Swiss National Bank kept interest rates at 0%, with low inflation and a strong franc enabling it to diverge from other central banks. But markets are betting Switzerland cannot avoid joining the global rate-hiking cycle much longer, the outlet says.
