Switzerland, Sweden and Hungary hold rates, Norway hikes
Four European central banks announce monetary policy decisions
Today (September 24), the Swiss National Bank (SNB) and Sveriges Riksbank both opted for a rate hold, while Norges Bank delivered its second rate hike this year. The Central Bank of Hungary (MNB) held its base rate on September 22 and announced a cut to the inflation target.
Switzerland: rate held, franc depreciation in focusSNB president Martin Schlegel told attendees at the bank’s third monetary policy conference today that the policy rate would be kept at 0%.
Schlegel said that despite an
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