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SNB hikes 50bps to 100%, cannot rule out more
SNB raises the policy rate by 50bps to 1.00% as widely expected, to “countering increased inflation pressure and a further spread of inflation”. The central added that additional rate hikes “cannot be ruled out”. It also maintained the willingness to be “active in the foreign exchange markets as necessary”. In the new conditional inflation forecast […] The post SNB hikes 50bps to 100%, cannot rule out more appeared first on Action Forex...
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Posted: Dec 15 2022, 08:48
Author Name: actionforex
Views: 111447