Central Banks
SNB Reckoned Policy Settings Will Stoke Inflation in Due Course
“Most economic indicators continue to point to moderate growth,” policymakers said. “However, uncertainty remains high.”
Photographer: Pascal Mora/BloombergSwiss National Bank officials decided against an interest-rate cut last month, assessing their monetary stance to be stimulative enough to stoke inflation in coming quarters.
A summary of the Sept. 25 meeting, in a new publication issued by the central bank on Thursday, showed policymakers judged current settings to be aiding the economy at a time of weak price growth and tariff-related uncertainty.