Core Viewpoint - The Swiss National Bank (SNB) has decided to maintain its interest rates at 0%, indicating a continued accommodative monetary policy stance to support the economy amid ongoing uncertainties [1] Group 1: Monetary Policy - The SNB's decision to hold interest rates at 0% reflects its commitment to providing monetary support in light of economic challenges [1] - This policy aims to foster economic stability and growth, particularly in the context of global economic fluctuations [1] Group 2: Economic Context - The SNB's stance comes as inflationary pressures remain moderate, allowing for the continuation of low interest rates without immediate concerns of overheating the economy [1] - The decision is also influenced by external factors, including global economic conditions and trade dynamics, which could impact Switzerland's economic outlook [1]

Core Viewpoint - The Federal Reserve decided to maintain interest rates during the July FOMC meeting despite external pressures from President Trump and others advocating for a change [1] Group 1: Federal Reserve Actions - Jerome Powell announced the decision to hold interest rates steady at the recent FOMC meeting [1] Group 2: Market Reactions - The decision comes amidst calls from various stakeholders, including President Trump, for a different monetary policy approach [1]