Decision on the interest rate of the Swiss National Bank
Dear traders,
The Swiss National Bank will publish a quarterly report on monetary policy today at 10:30 in Kyiv. Most economists predict that the Swiss National Bank will decide to keep the interest rate at the level of -0.75%.
It is also expected that the Swiss National Bank will adhere to the policy of foreign exchange interventions.
According to forecasts, the chairman of the Swiss National Bank, Thomas Jordan, will repeat that the Swiss franc rate will remain overestimated despite a good economic forecast and a recent depreciation.
Most analysts predict that the Swiss National Bank will keep the interest rate unchanged until it is raised by the European Central Bank.
Have a nice day and high profits!
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