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Switzerland's Currency Battle May Intensify If ECB Expands QE

  • ECB debates stimulus in light of weak growth, inflation
  • Survey finds further deposit-rate cut another option for SNB
Updated on

The Swiss National Bank may have to sell francs again should quantitative easing be expanded in the euro area.

Sixty-three percent of economists predict the central bank will respond with market interventions to stop the currency from appreciating, according to Bloomberg’s monthly survey. Forty-two percent forecast another cut to the deposit rate.