Swiss National Bank Chairman Martin Schlegel spoke on Tuesday:"In the coming quarters, further interest rate reductions could be needed to maintain price stability in the mid-term""The good news is that our inflation forecasts show inflation in the area of price stability in the long term" SNB forecasts for average inflation rates:1.2% in 20240.6% in 20250.7% in 2026On the Swissy, Schlegel said the Bank is ready to be active in forex markets if necessary, and negative rates are in the Bank's tool kit.---The Swiss National Bank next meet in December (the 12th), the prospect of a rate cut at that meeting is live. Markets are priced around 70% for a 25bp rate cut, and 30% for a 50bp cut. The Ba
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