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SNB Saw No 'Immediate' Need to Respond to Inflation Risks
Summary by Financial Post
3 Articles
3 Articles
The Governing Board of the Swiss National Bank (SNB) left the key interest rate unchanged at 0.00 percent in June because it considered monetary policy conditions appropriate despite increased geopolitical uncertainty.
SNB Minutes: Inflation Risks Rise, But 'No Immediate Need for Action' - ActionForex
The Swiss National Bank’s June policy minutes show policymakers becoming more concerned about inflation risks but not sufficiently alarmed to warrant tighter monetary policy. While the Governing Board acknowledged that higher energy prices and geopolitical tensions have increased upside risks to inflation, it concluded there was “no immediate need for action” and reaffirmed that “monetary […] The post SNB Minutes: Inflation Risks Rise, But ‘No I…
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Total News Sources3
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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