Swiss Economicblogs.org
The post contains the main-stream view on the Swiss National Bank. It is the “continued intervention pledge“. But seven years post the financial we are in the second part of the business cycle. In the second part, the SNB must fear rising inflation more than the ECB. See here or in the two phases of CHF appreciation. For us, Brexit has not influenced the main driver of global GDP growth, U.S. or European consumers....
Read More »Swiss central bank keeps rates on hold as Brexit fallout clouds outlook
