SNBs Jordan: Negative rates are ‘necessary for now’

The Swiss Nation Bank's Jordan is crossing the wires, saying that negative rates are ‘necessary for now’ and that it cannot be said how long negative rates will last.

 

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BoC’s Schembri: Would consider rate cut if excess supply began building

BoC’s Schembri is crossing the wires, saying that there is sufficient stimulus provided by current policy rate and sees the policy rate as ‘sufficient
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GBP/USD technical analysis: Cable off daily highs, trading above 1.2312 level

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