Following the Swiss Nation Bank (SNB) monetary policy announcement, Chairman Jordan is out on the wires now, addressing the post-policy press conference.
Key Quotes:
Negative interest rates remain central to bank’s monetary policy.
More to come …
About the SNB Press Conference
The press conference of Swiss National Bank is held when rates are announced in June and December. It has 2 parts – first the prepared statements are read, then the conference is open to press questions. The questions often lead to unscripted answers that create market volatility.
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