SNB May Resort to Negative Rates. Forecast as of 25.09.2024

A sharp slowdown in Swiss inflation and aggressive Fed rate cuts are prompting the Swiss National Bank to take decisive action. How will the USDCHF and EURCHF currency pairs react to the outcome of the September meeting? Let's discuss this topic and make a trading plan.Highlights and key points The Fed's aggressive start has the SNB hesitating. The SNB does not want deflation to return. Risks of a 50 bp key rate cut are growing. The EURCHF pair may soar to 0.98, and the USDCHF pair may slip to 0