Technical Analysis

SNB’s Jordan: Negative rates to remain important instrument for the foreseeable future

Comments by SNB chief, Thomas Jordan

  • Says that trade war, Brexit and Italy pose risks
  • Says international interest rate levels are to stay low for the time being


Nothing that really stands out from his comments here. And there isn’t much anyway to really take away from the SNB’s monetary policy statement earlier either. They will remain on hold until the ECB acts first, so it’s pretty much status quo at the moment.

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