The Swiss Franc weakens after the Swiss National Bank decides to cut interest rates from 1.75% to 1.50%.
The move was not widely expected by markets and the Swiss Franc has sold off heavily following the news.
The SNB gives victory over inflation, a too-strong Swiss Franc and the need to stimulate economic activity as reasons for the cut.
The Swiss Franc (CHF) is trading weaker by about one percent in its most heavily traded pairs on Thursday after the Swiss National Bank (SNB) decided to cut interest rates at their March meeting.
The SNB cut its policy rate by 0.25% from 1.75% to 1.50% on Thursday, surprising traders who had been expecting a maintenance of the status quo. The move comes after a larger-than-expected fall in Swiss inflation in the first months of the year, and a slowdown in economic growth in 2023.
The Swiss Franc weakened on the news since lower interest rates tend to reduce foreign capital inflows.
편집됨
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.