SNB's Maechler: Further rate hikes are not out of the question

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SNB's Maechler: Further rate hikes are not out of the question

<ul><li>Swiss inflation remains too high</li><li style="" class="text-align-justify">Further rate hikes may be necessary to ensure price stability in the medium-term</li><li style="" class="text-align-justify">Really important to make overall assessment with the figures we will have in Dec</li></ul><p style="" class="text-align-justify">Well, so long as inflation continues to keep above their 2% target and looks likely to sustain higher, the SNB can still get away with tightening policy a little further. But as markets voted yesterday, it is clear that central banks are in the second-half of the tightening cycle and may be approaching the sunset days on that.</p>

                This article was written by Justin Low at forexlive.com.

Source: SNB's Maechler: Further rate hikes are not out of the question

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