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SNB’s Maechler: Economic outlook is fragile with downside risks

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Speaking in Singapore on Thursday, Swiss National Bank (SNB) Governing Board member Andrea Maechler said that the Swiss economic outlook appears clouded, while maintaining that the Swiss franc remains heavily overvalued.

    Key Quotes:

    Economic outlook is fragile with downside risks

    Factors driving inflation are temporary

    Inflation still too low for our comfort

    Negative interest rates are the pillar of SNB policy

    CHF still heavily overvalued
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