SNB to signal an exchange rate policy that paves the way for further CHF strength – Commerzbank SNB EURCHF Inflation Banks
“SNB is expected to hike rates by 75 bps to 0.5%. However, what is decisive for the development of CHF is mainly what the SNB signalled regarding its intervention strategy.”cannot accept major franc depreciation if it wants to avoid undesirable inflationary effects. We therefore expect that it continues to signal an exchange rate policy that paves the way for further CHF strength.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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