SNB’s Maechler: Current monetary policy works in global context

Eren Sengezer FXStreet

Andréa M. Maechler, a member of the Governing Board of the SNB, recently crossed the wires arguing that they were still in need of an expansionary monetary policy. "Current monetary policy works in global context," Maechler added. There was no apparent reaction to these remarks and the USD/CHF pair was last seen consolidating its daily gains near 0.9970, where it was up 0.5% on a daily basis.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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