- 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
