• Rising rates, lower growth could raise property default risk
  • SNB will monitor situation for need of buffer
  • Buffer would only target mortgage, property markets
  • Countercyclical capital buffer ‘important step’
  • Gradual buildup of imbalances on property market
  • Some signs of slowing momentum on mortgage market
  • Sees buildup of stability risk
  • Buffer would be used in ‘balanced, flexible way’
  • No room for complacency over recovery

SWISS, WORLD MUST ACT TO AVOID NEW CRISIS!!!!

Bloomberg reporting.

Happy Dayz

:)