SNB’s Maechler: Further rate hikes cannot be ruled out

  • It cannot be ruled out that we will need to further hike interest rates

This comes despite the June inflation figure falling back to the SNB’s target for price stability, which is defined between 0% and 2%. The data in the next few months is going to be key in determining further the strength of the above argument by Maechler.

This article was written by Justin Low at Source