Think tank: December SNB hike still a possibility…

Author: Jamie Coleman | Category: News

A high-profile NY think tank which prefers to remain nameless says there is a possibility that the SNB could hike rates in December, though the odds are diminished (probably by the strong currency).

They firm sees the SNB hiking before the ECB, regardless.

Intervention cannot be ruled out, but it would not be as large as earlier efforts, they say…

My take is that the currency tightens monetary conditions enough that the SNB will refrain from hiking for soe time to come.

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