Swiss National Bank “threads the needle” on banking challenges amid rate rise

“Swiss National Bank hiked rates about half a per cent as they thread the needle on their own banking challenges,” Mr Piotrowski told Sky News Australia.“The markets are pricing in that there will be no change in April, but the reality is we have still got inflation and retail sales numbers to look at next week.

“Depending on how they pan out, that will make a big impression on what we can expect from the RBA next month.”

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed lifts rate by quarter point, says banking system ‘sound’Policymakers said the anticipate that some additional policy firming may be appropriate in order to attain to return inflation to 2 percent over time.
Source: FinancialReview - 🏆 2. / 90 Read more »

Switzerland’s national pride dealt heavy blow by the merger of its banking titans‘A monster is born’, say local press, as Credit Suisse takeover by UBS creates bank twice the size of the Swiss economy Well, that’s good news. I am a Christian and have succumb to my sin before and wish to never return.
Source: GuardianAus - 🏆 1. / 98 Read more »