HomeLive CommentsSNB Schlegel: Cannot rule out further interest increases

SNB Schlegel: Cannot rule out further interest increases

ActionForex
By ActionForex

SNB Vice Chairman Martin Schlegel said yesterday, “we cannot rule out further interest increases at present,” even though inflation is forecast to fall back to 2.4% in 2023, and 1.8% in 2024.

“The maintenance of price stability has absolute priority for the SNB,” he added.

Meanwhile, Schlegel also expects a weak growth dynamic in the coming quarters.

Start Trading
Start Trading
Start Trading
Start Trading
ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Load more

Learn Forex Trading