EUR/GBP Rises after UK Inflation Jumps The pound is struggling to find demand after UK inflation data showed that consumer prices jumped to a 41-year high of 11.1% YoY in October, ahead of forecasts of 10.7% and up sharply from 10.1% in September. Inflation is over five times the BoE’s 2% target and adds pressure […]
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SNB holds rates but strengthens intervention stance, aiming to cap CHF gains as energy-driven inflation rises only temporarily. The central bank kept its policy rate unchanged at 0.00%, as widely expected, but sharpened its language Read more…
The Swiss National Bank is leaving the SNB policy rate unchanged at 0%. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount Read more…