SNB’s Jordan: Current interest rate level not sustainable in medium term – Paper

Author: Gerry Davies | Category: Central Banks

Hardly a surprising comment, but I guess it could be labelled “mildly hawkish.”

Swissy little firmer.  USD/CHF down at .9295 from early .9320, EUR/CHF down at 1.2975 from early 1.3005.

  • Still watching swiss housing market carefully
  • Housing market situation has not become more problematic, but some causes for concern remain
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