- Interest rates are our main policy tool
- Also ready for forex interventions
Given a cyclical slowing and potential for a hard landing in the US and other parts of the global economy, there’s a good case to buy the Swiss franc and I think that willingness to intervene will be tested.
His comments on inflation are a preview of what’s coming from others — the market has clearly moved beyond inflation.
This article was written by Adam Button at www.forexlive.com. Source