Swiss National Bank Raises Policy Rate by 75 bps to 0.50%, Swiss Franc Falls sharply

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  • #44239
    Helmholtz Watson
    Participant

    The Swiss National Bank raised interest rates by 75 bps to 0.50%, market pricing was looking for a 100-bps rate hike instead. Notably the Swiss franc
    [See the full post at: Swiss National Bank Raises Policy Rate by 75 bps to 0.50%, Swiss Franc Falls sharply]

    #44363
    TradersCom
    Keymaster

    SNB Jordan

    Further hikes cannot be ruled out
    Central bank is ready to be active in FX market
    Price increases are hitting parts of the economy not previously impacted
    Ensuring price stability demands the full attention of the central bank #USDCHF #EURCHF

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