MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: SNB Joins Ranks Of Hawkish Holds

(MNI) London

The Swiss National Bank left its policy rate unchanged at 1.75%, saying the significant tightening of recent quarters was countering remaining inflationary pressure but that further tightening could not be ruled out "to ensure price stability over the medium term".

The central bank said it will monitor inflation developments "closely in the coming months". (See MNI: SNB In Close Call, With 25Bp Hike On The Table-Economists)

To ensure appropriate monetary conditions, the SNB said it remains willing to act in the foreign exchange market as necessary. In the current environment, the focus is on selling foreign currency, the SNB said in a statement.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
SNBPolicy NewsCentral Bank NewsHomepageSwitzerlandSwiss National Bank Market NewsCEEMEABriefStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
SNBPolicy NewsCentral Bank NewsHomepageSwitzerlandSwiss National Bank Market NewsCEEMEABriefStoryRegion
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.