Swiss Economicblogs.org
When Draghi extended QE in the November ECB meeting, it is was clear that Draghi was wrong. He is expecting lower inflation in 2018, maybe around 1%. The SNB reduced her inflation expectation by 0.1% for both years again, 0.1% in 2017 and 0.5% in 2018. Swiss National Bank leaves expansionary monetary policy unchanged The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight...
Read More »SNB Monetary policy assessment December 2016 and Comments
