Swiss National Bank introduces new policy rate to replace three-month Libor band since future of Libor is uncertain.
Keeps deposit rate unchanged at -0.75%, as forecast by economists in Bloomberg survey.
SNB will remain active in FX market as necessary. Says CHF remains highly valued.
Sees 2019 CPI at 0.6%, 2020 at 0.7%, 2021 at 1.1%.
Source : Bloomberg