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Swiss National Bank preview: A trillion-franc quandary
It doesn’t garner as much headlines as continental rivals like the European Central Bank or Bank of England, but the Swiss National Bank has long been a bastion of conservative, prudent monetary policy for centuries. Traders are eager to see if the SNB can live up to that reputation at this week’s monetary policy meeting. When is the SNB meeting? Thursday, March 25 at 8:30am GMT SNB meeting expectations Policy rate to remain unchanged at -0.75%, the lowest rate in the world SNB meeting: What to watch The biggest news out of the typically-quiet central bank was a whopper: The SNB spent a staggering CHF 110B on ... (full story)