SNB's Jordan: Forex interventions are most-effective instrument to curb CHF

Author: Adam Button | Category: Central Banks

Comments from the Swiss National Bank leader

  • FX interventions and negative rates are essential
  • Even though we still have scope for further rate cuts, the fact remains that we cannot cut rates indefinitely
  • Virus has increased upward pressure on the franc
The Swiss franc is the best G10 performer this year.

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