- With that we can influence the economy and exchange rate
- There is still room for further rate cuts
- We are also ready to intervene in the FX market if necessary
- This measure aims to stabilize inflation between 0% and 2%
Schlegel largely clarifies that the change in wording today does not mean that rate cuts are off the table going into next year. In addition, it also ensures that markets know that, while focused on their rate decisions, FX interventions are also a key element to be aware of when they ' look at the franc.
This article was written by Justin Low at www.forexlive.com.
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