• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

SNB chairman Schlegel: Switzerland needs flexible inflation target, as it currently has

Started by forex4you, Nov 24, 2024, 01:18 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

SNB chairman Schlegel: Switzerland needs flexible inflation target, as it currently has

  • Inflation target has allowed central bank to respond flexibly to shocks
  • Central bank's main tools are policy rate, FX interventions
  • Global economy slowdown has hit Switzerland harder due to currency appreciation
  • Recognises franc's safe haven nature
  • Will continue to ensure price stability

Not really anything noteworthy there by Schlegel. For now, the SNB is still expected to cut its policy rate once again in December. The odds of a 25 bps rate cut right now are ~72% with the remainder tied to a 50 bps move.



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

Source: SNB chairman Schlegel: Switzerland needs flexible inflation target, as it currently has

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com