SNB’s Jordan: No need to rush rate hikes since inflation is still very low

During an interview with Swiss TV, Swiss National Bank Chairman Thomas Jordan said that they needed to rush rate hike with the inflation remaining at very low levels. 

Key quotes (via LiveSquawk)

CHF remains highly valued.

Urges careful consideration on b/sheet reduction, effect on monetary conditions.

Cryptocurrencies need similar regulation like other investment instruments.

Gold retreats from session highs, eases toward $1330 on USD recovery

After finishing the previous week with a loss of more than $10, the XAU/USD pair started the week with a small bullish gap but failed to extend its ga
আরও পড়ুন Previous

USD/JPY consolidates below 111.00 mark, Tuesday’s BOJ decision awaited

   •  USD continues to remain under pressure.     •  Surging US bond yields lend some support.    •  BOJ decision awaited for fresh directional impe
আরও পড়ুন Next