June 16, 2022 07:11 GMT
- Just under 30 minutes until the SNB rate decision - consensus looks for no change at today's meeting, but most expect a strong signalling of rate hikes to come in September.
- This could come via a change in language surrounding FX, or a more direct statement that negative rate policy will be reversed in the near future.
- That said, there are outside expectations of tightening today. Citi see a 25bps hike as their base case, while Goldman Sachs see a "strong possibility" of a hike today.
- Full MNI Preview here: https://marketnews.com/-2657511324