Page 2 - Karsten Junius News Today

Pound-Franc Rallies to 10-Day Best as SNB Rejects Rate Hike

(Bloomberg) -- Antoine Martin, an official at the New York Federal Reserve, will become the Swiss National Bank’s newest interest-rate setter next year.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanNasdaq 100 Up 1% as Bonds Halt Fed-Fueled Slide: Market...

The Swiss National Bank will likely conclude its unprecedented tightening campaign with a quarter-point hike on Thursday, a move that risks putting an end to the franc’s peer-beating rally.

The prospect that euro-zone interest-rate hikes may be over will do little to soften the blow as the blocs economy falters. Read on.

Staff reporter and Bloomberg Europe can avoid a recession despite facing the impact of a double crisis according to Paolo Gentiloni, the Eur...

Even as US Fed raised its interest rates again on Wednesday, analysts are split if there will be another hike this year.

By John Revill ZURICH (Reuters) - Swiss inflation dipped to 1.7% in June, the government said on Monday, although economists expect the Swiss National...

June was the first month when inflation returned to the SNBs target for price stability

Swiss Franc Falls after SNB Rate Hike, GBP/CHF Rate Recovers

Investors who earned easy money with high-risk bonds invented after the financial crisis are being forced to accept that the rules have changed: they may not get paid. Banks typically sold these perpetual bonds - known as AT1 bonds - with five years before an option to repay was triggered.…