SNB's chairman Jordan: We will continue to use unconventional measures, including forex interventions where necessary

Market news

13 July 2021

SNB's chairman Jordan: We will continue to use unconventional measures, including forex interventions where necessary

Says Swiss long-term inflation expectations remain well-anchored
SNB has high degree of credibility in markets and with the public
Monetary policy is already flexible and symmetric; it has served us well
Our framework has given us ability to deal with external pressures

ECB's Governing Council member Centeno: ECB must be careful when deciding to remove support as insolvencies and unemployment tend to increase in final stages of economic recovery - Reuters

U.S. Stocks open: Dow -0.05%, Nasdaq -0.09%, S&P -0.11%

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