Wednesday , 2 October 2024
Home Forex SNB’s Schlegel: Reason for last week’s rate cut was lower inflationary pressure
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SNB’s Schlegel: Reason for last week’s rate cut was lower inflationary pressure

Yeah, that’s usually the reason central banks cut rates.

  • The services sector is solid and the industrial sector subdued
  • Expect Swiss growth to be subdued in coming quarters
  • The biggest risk for the Swiss economy is developments abroad
  • Our main tool is interest rates but we don’t rule out being active in FX

This article was written by Adam Button at www.forexlive.com.

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