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SNB To Remain Sidelined For Now

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The SNB has clearly taken a reactive rather than a proactive stance. With pressure off the SNB will sit back and watch how things develop. As we expected, the SNB held its policy rates unchanged (sight deposit rate -0.75% 3-month libor -0.25% to -0.75%), while not tinkering with tightening[​IMG]

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