WS #10089
SNB leaves policy rate unchanged at 0%, raises inflation forecasts slightly, and warns that Middle East situation remains fragile and could worsen. Robinhood receives three price-target hikes from Cantor, BofA, and another desk after layoff announcement; stock up 10.7% to $107.75. Bank Indonesia raises benchmark rate by 25bps to 5.75%, as expected, to manage inflation and currency pressure.
SNB holds rates, flags Middle East uncertainty
SNB leaves policy rate unchanged at 0%, raises inflation forecasts slightly, and warns that Middle East situation remains fragile and could worsen.
Robinhood receives three price-target hikes from Cantor, BofA, and another desk after layoff announcement; stock up 10.7% to $107.75.
Bank Indonesia raises benchmark rate by 25bps to 5.75%, as expected, to manage inflation and currency pressure.