SNB’s 25bps Cut: A Subtle Move, Intervention Hints Create Uncertainty
SNB’s 25bps Cut: A Subtle Move, Intervention Hints Create Uncertainty The Swiss National Bank (SNB) cut its policy rate by 25 basis points to 1.00%, a move that aligned with most market expectations. This decision initially strengthened the Swiss franc (CHF), as markets had priced in a 40% implied probability of a larger 50bps cut. … Read more