Swiss National Bank Surprise 50 Basis Point Rate Hike, Raises to Stabilize Inflation

The Swiss National Bank surprise 50 basis point hike has isolated Japan as the lone adherent to extremely easy monetary policy. Prior was -0.75% and raised to -0.25%, so still negative rates which would be a nod to trying to limit Franc strength. The rate hike is to counter increased inflationary pressure The SNB cannot rule out further rate hikes to stabilize inflation Monetary policy assessment of 16 June 2022Swiss National Bank Tightens Monetary Policy Highlights Raises rates 50 bps to -0.25% … Continue reading “Swiss National Bank Surprise 50 Basis Point Rate Hike, Raises to Stabilize Inflation”

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