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Swiss National Bank chief says policy will remain expansionary despite inflation upgrade. Swiss GDP is now projected to grow 3.5% this year, up from its previous forecast of between 2.5% and 3%. SNB Governor Thomas Jordan told CNBC that this was not sufficient reason to change course, as the central bank held its base policy rate at a global low of -0.75%.
Our information/charts are NOT buy/sell recommendations. Are strictly provided for educational purposes only. Trade at your own risk and analysis.
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Contact our advisors through website chat 24/7.
Our information/charts are NOT buy/sell recommendations. Are strictly provided for educational purposes only. Trade at your own risk and analysis.
Contact our advisors through website chat 24/7.
The RBNZ matched wide market forecasts of announcing no policy change, the New Zealand’s (NZ) central bank’s signals to hike the benchmark rates from 0.25% current levels during late 2022 seem to put a strong bid under the New Zealand dollar (NZD).
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