- The mandate of the SNB is to maintain price stability — a crucial precondition for society and a good functioning economy
- Price stability is a crucial precondition for prosperity
These are boilerplate comments. I’ll highlight anything new if it crosses.
USD/CHF is up 45 pips to 0.8467 today.
More:
- The central bank reacted early to the inflation rise and this kept inflation under control
This article was written by Adam Button at www.forexlive.com.
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