SNB boss talking to Bilanz

  • franc still overvalued
  • turbulence in Europe could put franc back in focus as safe-haven ccy

Europe? A bit bigger problem than that Thomas. And safe-haven demand already happening.

Time for you and boys to step back in I reckon.

  • tying franc to ccy basket doesn't make sense
  • went relatively far with neg interest rates, doesn't rule out further steps
  • very expansionary mon pol should push inflation into positive territory

Jordan - Switzerland's own Mr Happy has concerns still