Forex
globalreutersSeptember 26, 20241 Mins read
SNB chairman Jordan: Inflation pressures have decreased significantly in Switzerland
globalreutersSeptember 26, 20241 Mins read - Further rate cuts may be necessary in the coming quarters
- Stronger franc, lower oil and electricity prices contributed to lower inflation forecasts
- Swiss economic growth will be ‘rather modest’ in the coming quarters
He’s mainly just repeating the policy statement for the most part. USD/CHF is down 0.1% on the day to 0.8490 but off earlier lows after the SNB decision of 0.8458 at least.
This article was written by Justin Low at www.forexlive.com.
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