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SNBs Jordan:Current monetary policy is not sufficient least restrictive to lower inflation

SNBs Jordan:Current monetary policy is not sufficient least restrictive to lower inflation

Swiss National Bank's Jordan is speaking saying:

  • S&P prepared to take all measures necessary to bring inflation back into the territorial price stability
  • current monetary policy is not sufficiently restrictive enough to bring inflation back to the range of price stability over the medium-term
  • we are clearly above the range of price stability
  • we have to take action to bring inflation rate down

The USDCHF is trading to new session lows (higher CHF)... Read More

Posted: Nov 11 2022, 13:23
Author Name: forexlive
Views: 070583

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