SNB Jordan: Another interest rate move is possible ...Middle East

SNB Jordan is on the wires saying:Another interest rate move is possible if the current monetary policy is not restrictive enough to ensure price stability in the long termThe Swiss National Bank has moved rates from -0.75% to +1.75%. At the September meeting, the expectations was for a rise to 2%. However, the central bank kept rates unchanged snapping a 5 meeting step higher. The Swiss National Bank will meet again on December 14. This article was written by Greg Michalowski at www.forexlive.com.

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