Top
New York  London  GMT  Tokyo  Sydney 

SNB President: Can’t stay easy for ever

By   || 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…

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

2 Responses to “SNB President: Can’t stay easy for ever”

  1. pipsquanderer on March 11th, 2010 17:18 GMT

    They can’t stay easy but they don’t want a strong franc either. Sounds like they will be easy for a while.

  2. hart on March 11th, 2010 17:35 GMT

    I think that is the GLOBAL thought. Shows how retarded the politicians are. They should leave business to business people.

Bottom