SNB president Thomas Jordan speaking to SonntagsZeitung published earlier today
- lifting of cap was right at the right time, even if appreciation of CHF presents big challenge for many companies
- delay would have had worse consequences
Jordan still justifying the carnage he created almost a year on from the event. Earlier in December he had this and this to say following the SNB's decision to leave interest rates on hold
Apologies to all those who really didn't want to be reminded during this festive and joyous season but you can use the pic as target practice.
I'm heading out again now but will pop by tomorrow to add anything of note
Be advised that there are public holidays in Australia, NZ, UK and Canada for Monday 28th.
I hope all of our readers, whether you celebrate Christmas or not, are having a peaceful and enjoyable time with friends and family.
Thanks for all your kind wishes, and be sure to make the most of the break before the fickle forex roller-coaster cranks up again.
SNB's Jordan - Still sticking to his story
