SNB's chairman Jordan: Negative rates and interventions are particularly important at the moment

Market news

27 May 2020

SNB's chairman Jordan: Negative rates and interventions are particularly important at the moment

We do not expect a rapid recovery
Making forecasts at this moment is very difficult
It is crucial lockdown restrictions are reduced whenever possible
We have a slightly deflationary environment
Must ensure that monetary conditions remain accommodative
SNB willing to intervene in currency markets more strongly

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