(Reuters) - The Swiss National Bank made the following statement after its policy review on Thursday:Swiss National Bank leaves expansionary monetary policy unchangedThe Swiss National Bank is keeping the SNB policy rate and interest on sight deposits at the SNB at -0.75%. The trade-weighted exchange rate of the Swiss franc is practically unchanged compared with September 2019. Negative interest and the willingness to intervene counteract the attractiveness of Swiss franc investments and thus ease the upward pressure on the currency. The new conditional inflation forecast for the coming quarters is slightly lower than in September. The conditional inflation forecast is based on the assumption that the SNB policy rate remains at -0.75% over the entire forecast horizon.

Source: International New York Times December 12, 2019 08:37 UTC