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SNBs Jordan: IN 2023, sees Swiss growth weaker than this year. USDCHF trades near lows.

SNBs Jordan: IN 2023, sees Swiss growth weaker than this year. USDCHF trades near lows.

SNB's Jordan is on the wires saying that:

  • He sees weaker growth in 2023 than this year.
  • SNB still has credibility that inflation will moderate
  • Inflation has broadened
  • Sees limited 2nd round wage effects in Switzerland
  • There is a great probablility that SNB will need to further tighten monetary policy.
  • Nominal appreciation of the franc helps guard against Read More
Posted: Nov 14 2022, 17:24
Author Name: forexlive
Views: 102884

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