SNB’s Jordan says rate hikes not ruled out

Is there a central bank out there that is ruling out rate hikes? Or even one that has a stated neutral bias?

  • UBS acquisition of Credit Suisse prevented global financial crisis
  • Effective public liquidity backstop is needed
  • Emergency liquidity provided without collateral should not become regular part of SNB’s instruments
  • Faster and larger outflows are a new reality for banks
  • We do not know how big is the impact of accumulated tightening so far

This article was written by Adam Button at Source