- 0.00-0.25%
- cap remains in place at 1.2000 EURCHF
- will enforce the cap with utmost determination
- SNB will take other measures immediately if necessary
- expects economy to expand in 2015
- sees 2014 CPI at 0.0% vs +0.1% prev
- deflation risks have increased
- swiss franc still high
- mortgage growth weakened further
- oil prices to push inflation into negative territory during next 12 months
- housing market imbalances still as high as before
USDCHF and EURCHF lower on the as-expected repetition.
Full statement here
Presser with Jordan at 09.00 GMT. Watch here