business

SNB's Schlegel says Switzerland in comfortable spot on inflation

By Info60 US Desk•Summary of reporting by Forexlive•3d ago•0 views•

Schlegel's comments reinforce the picture of a central bank with little near-term pressure to move, even as the Fed and ECB continue raising rates to counter surging energy costs. That divergence keeps the rate gap between Switzerland and its major peers in focus for franc positioning, particularly if the upcoming September inflation print on October 1 confirms the modest pickup economists expect. His relaxed tone on a potential UBS relocation is unlikely to move markets materially on its own, b

ONLY AVAILABLE IN PAID PLANS

Read Full Article

Share this story

Report an error