Forex, video, latest April 30, 2021 5:01 pm
Remarks by SNB chief, Thomas Jordan
- Negative rates, readiness to intervene inside FX markets are essential
- Current monetary policy stance is necessary
- Swiss franc has weakened but remains highly valued
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a same old, same old from Jordan. When all is said also done, expect SNB monetary policy to stay as it is with little incentive really for a Swiss central bank to even consider tightening policy inside fears that it may spark a fresh wave of franc strength.
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