Swiss Franc Can Strengthen Before SNB Would Cut Rates: ChartBy and
Swiss National Bank President Thomas Jordan has some breathing room, according to Bloomberg’s latest survey of economists. The threshold for another rate cut lies at 1.03 francs per euro -- about 6 percent stronger than its current exchange rate. There’s a little less margin before serious currency interventions, with the survey putting that at 1.05.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.