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Swiss and Eurozone interest rate differential remains significantly wider – SNB’ Jordan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - Swiss National Bank’s (SNB) Jordan, during the post-rate decision policy press conference, assured the markets that the interest rate differential remains significantly wider than at start of 2015 despite the ECB’s cut in the deposit rate.

    A significant majority in the markets speculated earlier today that the bank may cut the deposit rate in order to maintain the interest rate differential. However, the bank left rates unchanged at -0.75%.

    Jordan’s Key Quotes

    Inflation expectations have stabilized since CHF cap was removed

    Diverging monetary policy stances in major currency areas present huge challenges for small economies like Switzerland

    Maechler’s Key Quotes

    The interest rate is a key instrument of monetary policy.
    For more information, read our latest forex news.

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