UK annual CPI inflation meets estimates with 3.0% in February

The United Kingdom (UK) headline Consumer Price Index (CPI) rose 3.0% over the year in February, at the same pace as seen in January, the data released by the Office for National Statistics (ONS) showed on Wednesday. 

EUR/CHF: SNB threat seen as limited deterrent – Commerzbank

Commerzbank’s Thu Lan Nguyen highlights that the Swiss Franc (CHF) has weakened since the Iran war began, helped by ultra-low Swiss inflation and the Swiss National Bank’s (SNB) persistent intervention threats.