SNB, Interest Rate Decision!
In about 20 minutes (07:30 h GMT), we have an SNB Interest rate decision and Press Conference. Previous key rate is -0,75%! Could we see more cut from Jordan, he said that Swiss Franc is to strong and that it hurts Swiss economy. Let’s see the SNB’s decision!?
>>> Edit: 07:40 h (GMT) – SNB leaves Interest rate unchanged at -0,75%. Jordan says that, the SNB will remain active in FX market to influence monetary conditions and that negative rates will help weaken the Swiss Franc over time!
SNB leaves interest rates unchanged! – Sight depo rate -0.75%.