Kashkari mentions inflation before US CPI data, USD/CHF remains steady
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, recently discussed the possibility of inflation ahead of the release of US Consumer Price Index (CPI) data. This news has caused some speculation in the market.
Despite the uncertainty, the USD/CHF currency pair has managed to hold its ground. Investors are closely watching the upcoming CPI data to gauge the future direction of the US dollar against the Swiss franc.