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SNB's Jordan: We cannot rule out further monetary policy tightening

SNB's Jordan: We cannot rule out further monetary policy tightening
Monetary tightening has strengthened Swiss francStill, underlying inflation pressure has risen furtherThere is a danger inflation may become entrenched above 2%Inflation caused by higher rents not a reason to refrain from future rate hikesThey are certainly keeping the door open for higher rates and the remarks are making that evidently clear. Maechler is also chiming in with some comments as per below:SNB has sold foreign currencies in recent quartersWill continue that if this is appropriate fo... Read More
Posted: Jun 22 2023, 08:05
Author Name: forexlive
Views: 092129

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