15 Dec 2021 Expect Another "No Change" at SNB's Meeting This Week

Claus Vistesen and Melanie Debono (Eurozone Team)15th Dec 2021 00:10Eurozone, Daily Monitor

Higher inflation recently has allowed the SNB to tolerate a much stronger franc than in the past.

We expect the Bank to keep all policy settings unchanged at its meeting on Thursday.

But falling inflation and a stronger franc heading into 2022 will force it to ramp up CHF sales soon.

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