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SNB leaves policy rate unchanged at 1.75% vs 2.00% expected

Prior 1.75%Significant tightening of policy in recent quarters is countering remaining inflationary pressureIt cannot be ruled out that further tightening may become necessarySNB will monitor inflation developments closely in the coming monthsWill remain active in the foreign exchange market as necessarySees 2023 inflation at 2.2% (unchanged)Sees 2024 inflation at 2.2% (unchanged)Sees 2025 inflation at 1.9%Full statement This article was written by Justin Low at www.forexlive.co... Read More

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Content Topics

Leaves

Policy

Rate

Unchanged

75

00 Expected

Forex

Posted: Sep 21 2023, 07:30

Author Name: forexlive

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