SNB maintains status quo - ICICI Bank : Treasury Research

SNB maintains status quo; leaves the EUR/CHF floor unchanged at 1.20, as expected. The benchmark 3-month CHF Libor target kept unchanged at a record low of 0.0-0.25%

Monetary policy statement remains silent on the possibility of negative interest rates

SNB sees no risk of high inflation in the foreseeable future, thereby suggesting SNB remains comfortable with the current situation of ample liquidity and low interest rates

Source : Equity Bulls

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