Everything About Forex

Server Time-


US Conference Board Consumer Confidence: Dollar risk premium subsides as market panic fades>>FOREX: Prospects for global economic recovery look bleak – Reuters poll>>CRYPTO: BTC/USD lacks strong resistance levels as bulls fight back>>


Powered By GreenForexClub.

Friday, April 26, 2019

SNB Chairman Jordan: Negative Rates, Readiness to Intervene

SNB Chairman Jordan: Negative rates, readiness to intervene in FX market remains necessary and appropriate.

Rates will eventually turn positive again, but can’t say when Future rate hike depends on inflation,FX developments.

The economy will be hurt if rates are hiked now for now,negative rates remain significant and relevant SNB prevails enthusiastic about intervening in the FX market as and when needed.

 Dropping negative rates now would gradually recover the situation for savers, pension funds, life insurers and banks.

 .....  Author .....

No comments:

Post a Comment