The Swiss National Bank is focused on capping gains in the franc and is expected to avoid returning to negative policy rates. That guidance signals possible FX intervention or other measures to blunt franc appreciation, which would move currency markets and influence Swiss short-term money market rates while reducing the chance of deeper policy easing.
The Swiss National Bank is focused on capping gains in the franc and is expected to avoid returning to negative policy rates. That guidance signals possible FX intervention or other measures to blunt franc appreciation, which would move currency markets and influence Swiss short-term money market rates while reducing the chance of deeper policy easing.
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neutral
Sentiment Score
0.00
