The Swiss National Bank is expected to cut its benchmark interest rate by 25 basis points on Thursday, from 1.25% to 1.0%.
Read More »2024-09-23
2024-09-23
The Swiss National Bank is expected to cut its benchmark interest rate by 25 basis points on Thursday, from 1.25% to 1.0%.
Read More »2023-11-14
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Read More »2023-03-08
Swiss National Bank Chair Jordan threatened FX intervention!
A couple of posts from Tuesday ICYMI while Powell was hogging the spotlight:
ECB Knot: ECB can be expected to keep raising rates for quite some time after March
ECB can be expected to keep raising rates for quite some time after March
And, SNB Chairman: We cannot rule out that we will have to tighten monetary policy again
We can use interest rates but also sell foreign currencies to get the right monetary conditions
Read More »2022-11-16
Barclays Research discusses CHF outlook and targets EUR/CHF around 0.97, 0.97, 0.98, and 1.00 by end of Q1, Q2, Q3, and Q4 of next year respectively.
Read More »2022-11-09
The talking heads at the US Federal Reserve have pivoted to talking about how high rates will go before they top out as against how quickly they will rise.
Read More »2022-10-05
Swiss National Bank monetary policymaker Andrea Maechler is speaking at 1130 GMT, at an event titled: After the interest rate change: high inflation, rising interest. How will it affect the Swiss economy?
Read More »2022-09-22
Goldman Sachs maintains a bullish bias on CHF going into this week’s SNB policy meeting.
Read More »2022-09-21
The SNB announcement is due on Thursday at 0730 GMT. -This in brief via Standard Chartered:expect SNB to hike by 100bpStan Chart were at +50bp but have ramped their expectation much higher.
Read More »2022-09-19
The SNB policy decision is due on Thursday. Via MUFG Bank:CHF has been the top performing G10 currency so far this month as it has strengthened sharply against both the EUR (+2.2%) and USD (+1.5%). It has regained upward momentum against our equally-weighted basket of other G10 currencies after a period of consolidation at higher levels between July and August.
Read More »2022-09-09
This via the folks at eFX.
Credit Agricole CIB Research argues that it would be premature for the SNB to resume its intervention against CHF strength around current levels.
Read More »2022-08-30
Swiss National Bank President Thomas Jordan spoke at the Federal Reserve’s annual Jackson Hole symposium on Saturday.“Structural factors such as the transition to a greener economy, rising sovereign debt worldwide, the demographic transition and ultimately also the fact that globalization appears to have peaked — at least temporarily — could lead to persistently higher inflationary pressure in the coming years”
Read More »2022-08-26
On Saturday at the Jackson Hole symposium there will be speakers from the European Central Bank, Swiss National Bank and Bank of Korea.
Read More »2022-08-23
“We expect the SNB to hike by 50bp again in September and December to curtail underlying inflation pressures bringing the policy rate to 0.75%. With the SNB broadly following the ECB, we see relative rates as an inferior driver for the cross,” Danske notes.
Read More »2022-06-23
Goldman Sachs discusses CHF outlook and maintains a bullish bias over the medium-term.
Read More »