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SNB Jordan: Monetary policy is still too loose
SNB Chairman Thomas Jordan, stated that the current monetary policy is too loose to bring inflation back to price stability in the medium term, and further tightening cannot be ruled out. The comment came after recent data showed that consumer inflation reaccelerated to 3.4% in February, staying well above SNB’s 0-2% target. “The SNB’s monetary […] The post SNB Jordan: Monetary policy is still too loose appeared first on Action Forex...
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Posted: Mar 8 2023, 05:07
Author Name: actionforex
Views: 111555