Swiss National Bank kept rates on hold as it expects inflation to remain on target

ZURICH, Jan 8 (Reuters) - The Swiss National Bank froze its key interest rate at 0% in December because it expects the current low rate of inflation to rise and be within its 0-2% target range, the central bank said on Thursday in the minutes for its latest policy decision.

The minutes were the second time the central bank has released a record of its decision making process, following the first publication in October.

The SNB left its policy rate unchanged on December 11, as widely expected, saying the agreement to reduce U.S. tariffs had improved the economic outlook.