1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Negative interest rate is an "essential tool" – SNB’s Zurbruegg

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Mumbai) - Swiss National Bank (SNB) vice-president, Fritz Zurbruegg was on the wires last minutes, speaking to Corriere del Ticino.

    Key Quotes:

    Negative interest rate is an "essential tool"

    Willingness to intervene in markets is second pillar of SNB policy

    If SNB had delayed giving up its cap on the franc at 1.20 v euro it would increase the cost to the economy

    China and terrorist attacks could damage confidence
    For more information, read our latest forex news.
     

Share This Page