Swiss National Bank minutes say bank saw no need to cut rates further

Core Viewpoint - The Swiss National Bank has decided to maintain its interest rate at 0%, indicating that the current economic outlook and future inflation do not necessitate a shift into negative interest rates [1] Economic Outlook - The decision reflects the Swiss economic outlook, which suggests stability and no immediate need for further monetary easing [1] Inflation Considerations - Future inflation expectations played a significant role in the decision, as the bank assessed that inflation levels do not warrant a reduction in interest rates [1]