SNB Chair Martin Schlegel indicated that “further interest rate reductions” might be necessary in the coming quarters to uphold “price stability” over the medium term. At an event overnight, Schlegel highlighted that SNB’s current priority is to “normalize monetary policy” carefully, ensuring it does not become “too restrictive.” Looking at the inflation outlook, Schlegel shared […]
The post SNB’s Schlegel signals more rate cuts to support price stability amid muted growth outlook appeared first on Action Forex.
