• SNB's chairman Jordan: Forex interventions and negative rates are essential

Notícias do Mercado

14 julho 2020

SNB's chairman Jordan: Forex interventions and negative rates are essential

  • Forex interventions are most-effective instrument to curb CHF's strength
  • Forex interventions and negative rates are essential
  • Even though we still have scope for further rate cuts, the fact remains that we cannot cut rates indefinitely
  • Virus has increased upward pressure on CHF
  • Challenge will be when and how quickly to normalize policy

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