SNB Hildebrand: Will Defend Franc Floor With Full Determination
From efxnews.com
Major Headlines from Polish Daily Rzeczpospolita's Interview With SNB Hildebrand: -- Will Defend Franc Floor With Full Determination -- Will Buy Currencies In Unlimited Quantities If Needed -- Swiss Exports Surprisingly Resilient To Strong CHF -- CHF Overvaluation Bordering On Absurd This Summer -- Overvalued CHF Posed Risk Of Deflation, Recession -- Franc Remains Strong, Will Gradually Weaken -- Ready For Further Action If Econ, CPI Trends Require -- SNB Policy Poses Some Risk For Balance Sheet -- But Overvalued CHF Couldn't Be Ignored Despite Risks -- "Absolutely No Risk Of Inflation" In Switzerland -- Swiss ...
(full story)