SNB leaves rates on hold

16 June 2016, 10:08
Sherif Hasan

Swiss National Bank out with their latest interest rate decision 16 June 2016

  • 3-month lower target LIBOR  -1.25%
  • 3-month upper target LIBOR -0.25%
  • sight deposit rate -0.75%

As widely expected and we can also expect the usual Jordan rhetoric on intervention with a bit of Brexit thrown in for good measure.

On Monday I wrote this on the SNB/Brexit scenario. 
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