Small font size A Larger text size A Largest text size A

Swiss National Bank kept rates on hold as it expects inflation to remain on target

BY Reuters | ECONOMIC | 01/08/26 03:38 AM EST

ZURICH, Jan 8 (Reuters) - The Swiss National Bank froze its key interest rate at ?0% in December because ?it expects the current ?low rate of ?inflation to ?rise and be within its ?0-2% target range, ?the central bank said on Thursday ?in ?the ?minutes for its latest policy decision.

The minutes were the ?second time the central bank has released a record of its decision making ?process, ?following the first publication in October.

The SNB ?left its policy rate unchanged on December 11, as widely expected, saying the agreement to ?reduce U.S. tariffs had improved the economic outlook. (Reporting by John ?Revill Editing by Dave Graham)

More Fixed Income News

BRIEF-Kosmos Energy Announces Launch Of Nordic Bond Issue And Tender Offer BY Reuters |CORPORATE 02:13 AM EST
Kosmos Energy Announces Launch of Nordic Bond Issue and Cash Tender Offer for 7.750% Senior Notes Due 2027 BY Business Wire |CORPORATE 02:00 AM EST
PRESS DIGEST-Wall Street Journal - January 12 BY Reuters |ECONOMIC 01:20 AM EST
GLOBAL MARKETS-Stocks wobble, dollar dips as Trump-Fed feud deepens BY Reuters |ECONOMIC 12:56 AM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article