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SNB Maechler: Swiss inflation pressures remain weak

SNB Maechler: Swiss inflation pressures remain weak

Technical Analysis
By Greg Michalowski
28/08/2019 | 16:27 GMT

SNB Maechler

  • Swiss inflation pressures remain weak
  • SNB expansiive monetary policy remains necessary
  • Affirms negative rate, intervention pledge
  • negative rate is important because it helps U. S. reduce the attractiveness of the franc
  • attractiveness of the Swiss franc has enormously increased
  • Right now we still have plenty of room for forex intervention

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