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SNB Chairman: We cannot rule out that we will have to tighten monetary policy again
- We are ready to sell currencies
- We can use interest rates but also sell foreign currencies to get the right monetary conditions
- Can't always avoid second and third-round effects
The market is 50/50 on whether a 25 bps or 50 bps hike comes on March 23. I suspect it will hinge on what the ECB does a week earlier.
This article was written by Adam Button at www.forexlive.com... Read More
Posted: Mar 7 2023, 18:30
Author Name: forexlive
Views: 110817
