SNB President: Can’t stay easy for ever
By Jamie Coleman || March 11, 2010 at 17:17 GMT
|| 2 comments || Add comment
SNB President Hildebrand says that the SNB cannot continue its expansive monetary policy forever and notes the danger of low rates provoking a housing bubble.
The SNB sounded similar themes earlier in the day but reiterated its intention to defend against a strengthening franc.
EUR/CHF trades at mid-range, now at 1.4615. It has spent the day between 1.46 and 1.4630…

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They can’t stay easy but they don’t want a strong franc either. Sounds like they will be easy for a while.
I think that is the GLOBAL thought. Shows how retarded the politicians are. They should leave business to business people.