SNB’s Maechler: Can’t rule out risk that long pandemic will affect confidence

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Comments from Maechler:Can't rule out risk that long pandemic will affect business and consumer confidence but this isn't the base caseUpside risks come from fiscal and monetary stimulus boosting economy more than expectedRising CPI is a very tangible sign that the economy is on the right trackCHF is still high but not as high as it was in the times of crisis like 2011 or 2015SNB Chairman Thomas Jordan is doing well and on the mend but unclear if he will attend Sept 23 meetingJordan underwent an urgent heart operation last week. Invest in yourself. See our forex education hub. Source link
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