Jordan: SNB Can Use Interventions in 'Both Directions'

The video discusses Switzerland's monetary policy, focusing on the recent rate hike due to inflationary pressures. It covers market reactions, the Swiss franc's role, and potential currency interventions. The global economic situation, including risks from geopolitical tensions and COVID-19, is also addressed. The impact of rate hikes on mortgage rates and the use of policy tools like the Swiss National Bank policy rate are explored.

What are the risks associated with the global economy that could impact Switzerland's monetary policy?

How have mortgage rates in Switzerland changed in response to recent rate hikes?

What is the significance of the Swiss National Bank's policy rate in relation to short-term money markets?