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SNB's Zurbruegg says negative interest rate is an "essential tool"

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Swiss National Bank vice-president speaking to Corrriere del Ticino - 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 increased the cost to the economy More of the same mantra from everyone's fave central bank

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