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Switzerland, Czech Republic and Hungary keep policy steady
The Swiss, Czech and Hungarian central banks have all left their rates unchanged.
The Swiss National Bank (SNB) kept its sight policy rate at 0% on September 25 after months of signalling that its threshold for going negative was high. The Czech National Bank (CNB) held its two-week repurchase rate at 3.5% on September 24, following similarly hawkish messaging. Persistently above-target inflation meant the Central Bank of Hungary (MNB) also opted to keep rates at 6.5% on September 23, as it
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