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SNB's Jordan "relatively comfortable" with inflation

Started by forex4you, Jul 07, 2024, 08:00 am

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forex4you

Jul 07, 2024, 08:00 am
SNB's Jordan "relatively comfortable" with inflation

  • Interest rates are our main policy tool
  • Also ready for forex interventions

Given a cyclical slowing and potential for a hard landing in the US and other parts of the global economy, there's a good case to buy the Swiss franc and I think that willingness to intervene will be tested.

His comments on inflation are a preview of what's coming from others -- the market has clearly moved beyond inflation.



                This article was written by Adam Button at www.forexlive.com.

Source: SNB's Jordan "relatively comfortable" with inflation

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