SNG likely to leave rates unchanged through 2016 – Reuters Poll

FXStreet (Mumbai) – The latest Reuters poll of 34 economists published today shows 33 economists expect the Swiss National Bank (SNB) to keep rates on hold at the September 17 meeting with the target range for 3 months Swiss LIBOR still -0.25 to -1.25%.

The poll suggests the SNB is likely to leave rates unchanged until the end of next year. The recent weakness in the CHF has reduced pressure on the ECB to act, says the poll.

The latest Reuters poll of 34 economists published today shows 33 economists expect the Swiss National Bank (SNB) to keep rates on hold at the September 17 meeting with the target range for 3 months Swiss LIBOR still -0.25 to -1.25%.

(Market News Provided by FXstreet)