The Franc will become a currency that is more complex to value
“We now have to figure out whether the SNB’s monetary policy strategy is working out, in particular whether inflation develops as the central bankers had hoped. And if that is not the case, we have to form an opinion as to whether the SNB will prefer to ‘only’ hike interest rates or whether it might prefer to intervene or do both.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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