SNB's Jordan: Further rate hikes cannot be ruled out<ul><li>Underlying inflation pressure has increased</li><li>Danger remains inflation could stay elevated</li><li>It is too early to sound the all clear</li><li style="" class="text-align-justify">SNB will sell forex in future if appropriate, will also buy to check excessive appreciation pressure</li></ul><p style="" class="text-align-justify">Some token remarks there by Jordan. For today's decision, it is all about the fact that they just hiked by 50 bps instead of 75 bps - which some quarters of the market hoped for.</p>
This article was written by Justin Low at www.forexlive.com.
Source: SNB's Jordan: Further rate hikes cannot be ruled out (https://www.forexlive.com/centralbank/snbs-jordan-further-rate-hikes-cannot-be-ruled-out-20221215/https://www.forexlive.com/centralbank/snbs-jordan-further-rate-hikes-cannot-be-ruled-out-20221215/)
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