Home SNB’s Maechler: Monetary policy must remain expansive amid global uncertainty

SNB’s Maechler: Monetary policy must remain expansive amid global uncertainty

Updated: 2 Oct. 2019 | 08:52

Swiss National Bank (SNB) board member Maechler is reported by Reuters, as saying that monetary policy must remain expansive against the backdrop of global uncertainty.

USD/CHF caught a fresh bid wave and regained 0.9950 levels amid a broad-based US dollar rebound and softer Swiss inflation figures. Swiss September CPI arrived at -0.1% m/m vs. 0.1% expected and 0.0% last.

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