The content here might not be relevant fo you. Would you like to visit the North America website? USD/CHF climbed to a 16-month high on Thursday after the Swiss National Bank kept its policy rate at 0%, leaving the Swiss Franc weaker. The pair was trading near 0.8275, up 0.27% on the day, supported by a firmer US Dollar as markets priced in additional Federal Reserve tightening. The SNB reiterated that policy remains appropriate to keep inflation within its mandate of less than 2% per annum, even as its inflation projection was raised slightly due to higher oil-product prices; projections still sit below 1% across the forecast horizon. The bank also pushed back against market expectations of 50 to 75 bps of hikes over the next 12 months.
Mostramos la idea principal publicamente. Crea una cuenta gratis para seguir leyendo el articulo completo, guardarlo, comentarlo y conectarlo con contexto de mercados y OSINT.