The Swiss National Bank will hold its ultra-loose monetary policy unchanged on Thursday and foreseeably until at least 2021, a Reuters poll showed, declining to track any tentative moves by other central banks to relax interest rates further. The bank’s target range for the three-month London Interbank Offered Rate (LIBOR) will stay at -1.25% to -0.25%, according to all 35 economists polled by Reuters from June 6-10. At Thursday’s policy meeting, the SNB will also hold the negative interest rate it charges on commercial banks’ sight deposits above a certain level at -0.75%, they all said. The U.S. Federal Reserve and ... (full story)