16:34:18
After the interest rate decision was announced, the USD/CHF short-term volatility reached more than 50 points and is now at 0.8703.
16:33:58
German 2-year government bond yields fell 21 basis points to 2.46%, their lowest level since March.
16:33:44
Swiss National Bank: Uncertainty remains at a high level.
16:33:25
Swiss National Bank: Inflation is expected to rise slightly again in the coming months.
16:33:16
Swiss National Bank: Growth is likely to be weak in the coming quarters.
16:33:10
The Swiss National Bank: It will continue to closely monitor inflation developments.
16:32:59
Swiss National Bank: Monetary policy will be adjusted if necessary.
16:32:48
The Swiss National Bank dropped language on possible future interest rate hikes in its statement.
16:32:40
Swiss National Bank: Inflation is expected to be 1.6% in 2025 (previous forecast was 1.9%).
16:32:22
Swiss National Bank: Inflation rate is expected to be 1.9% in 2024 (previous forecast was 2.2%).
16:32:14
Swiss National Bank: Inflation is expected to be 2.1% in 2023 (previous forecast was 2.2%).
16:31:46
Swiss National Bank: Swiss economic growth is expected to be approximately 1.0% in 2023 (previous forecast was approximately 1.0%).
16:31:30
Swiss National Bank: Inflationary pressures have eased slightly.
16:31:22
Swiss National Bank: Ready to take active action in foreign exchange markets if necessary.
16:31:17
Swiss National Bank: Ready to actively intervene in the foreign exchange market if necessary.
16:31:06
Spot gold hit $2,040 per ounce, up 0.63% on the day.
16:30:08
The Swiss National Bank kept interest rates unchanged at 1.75%, in line with market expectations.
16:22:23
EU Council: European Commission President von der Leyen, French President Macron and German Chancellor Scholz will meet with Hungarian Prime Minister Orban before the EU summit.
16:20:00
The Swiss National Bank will announce its interest rate decision in ten minutes.
16:15:23
Spot palladium rose 2.00% during the day and is currently trading at $1,013.35 per ounce.
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