08:30 AM GMT, Switzerland - SNB Interest Rate Decision:
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actual 0.25%; forecast 0.25%; previous 0.50%;
SNB's statement:
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The SNB is ready to intervene in the market.
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Economic growth this year at the level of 1-1.5%.
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The SNB sees low inflationary pressure. In 2025, CPI at 0.4%, in 2026 at 0.8%, and in 2027 at 0.8%.
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The SNB sees a risk of further inflation decline.
The EURCHF has halted the decline at the annoucement.
Source: xStation5
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