Swiss National Bank left interest rate unchanged

Note: This section contains information in English only.
Source: CNBC
The Swiss National Bank left the target range for the three-month Libor rate unchanged at 0.0-0.25% on Thursday, in line with analysts' expectations.  Moreover, the SNB trimmed its growth forecast. Bank expects an inflation rate of -0.6% for 2012, 0.2% for 2013, and 0.4% for 2014. Nation's GDP is to grow by 1% in 2012, down from 1.5% projected in the June forecast.

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