The SNB, in a statement, acknowledged the robust global economic growth observed in Q3 2023 as a factor influencing its decision to refrain from further monetary policy tightening at this juncture. However, the central bank underscored the persisting uncertainties, signaling a commitment to adjusting its policy as needed to manage inflation effectively. The move... Read More
The SNB, in a statement, acknowledged the robust global economic growth observed in Q3 2023 as a factor influencing its decision to refrain from further monetary policy tightening at this juncture. However, the central bank underscored the persisting uncertainties, signaling a commitment to adjusting its policy as needed to manage inflation effectively.
The move aligns with a trend of central banks globally assessing economic conditions to strike a balance between stimulating growth and addressing inflationary concerns. Read Less
