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globalreutersOctober 1, 20241 Mins read
SNB’s Schlegel: Reason for last week’s rate cut was lower inflationary pressure
globalreutersOctober 1, 20241 Mins read 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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