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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Swiss Central Bank expects deflation in 2020

June, 18 2020
watermark Economic news

A meeting of the Central Bank of Switzerland took place today, at which the regulator announced that he did not intend to change his super-soft monetary policy. Therefore, the refinancing rate remained the same: -0.75 percent. This decision coincided with the expectations of analysts. The regulator also noted that he expects deflation this year at 0.7%.


In addition, the Central Bank said that it was still ready to strengthen interventions in the foreign exchange market to curb the «highly regarded» Swiss franc.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.