let me repost from april with some adjustments
for me is simple as is:
Q:what is the monetary policy of SNB
A:inflation targeting (no double mandate like FED!)
Q:what is the inflation target of SNB
A:2%
Q:what is the current YoY inflation in SwLand almost after a year of introducing the famous floor?
A:-0,7%
Q:accelerating ?
A:yes, each month so far except august (since the introduction of the famous "floor")
Q:what measurements elaborated the responsible authority (SNB) so far to reach the inflation target?
A:NOTHING (soaking up EUR)
for me is simple as is:
Q:what is the monetary policy of SNB
A:inflation targeting (no double mandate like FED!)
Q:what is the inflation target of SNB
A:2%
Q:what is the current YoY inflation in SwLand almost after a year of introducing the famous floor?
A:-0,7%
Q:accelerating ?
A:yes, each month so far except august (since the introduction of the famous "floor")
Q:what measurements elaborated the responsible authority (SNB) so far to reach the inflation target?
A:NOTHING (soaking up EUR)