The Swiss National Bank (SNB) raised the policy rate by another 50bp at today’s meeting. With this hike, the rate has reached 1%, a stunning development for the Swiss economy and the Swiss franc, cons...
Tag: 50bp
3 reasons why the ECB will hike by 50bp at its July meeting
The first three days of the trading week are marked by the ECB Conference in Sintra, Portugal. Following the Federal Reserve model of the Jackson Hole Symposium, the ECB has organized its own confere...
Is it safe to buy the Swiss franc after SNB hiked 50bp?
The trading week is not over yet, but financial market participants might as well say that this is, so far, the most interesting trading week in years. Major central banks appear to have coordinated t...
Top 3 takeaways after RBNZ hiked 50bp
A much-awaited event by currency traders just took place in the previous Asian session. The Reserve Bank of New Zealand (RBNZ) released its monetary policy statement, and it raised the official cash r...