TeleTrade - Analytics

    TeleTrade

    729.00 6.50/10
    57% of positive reviews
    Real

    11.02.2016 14:51 Swiss National Bank Chairman Thomas Jordan: the central bank could cut its interest rates further

    The Swiss National Bank (SNB) Chairman Thomas Jordan said in an interview on Thursday that the central bank could cut its interest rates further.

     

    "At present we are monitoring the situation closely. We do not rule out anything," he said.

     

    Jordan pointed out that the SNB was ready to intervene in the foreign exchange market if needed.

     

    He also said that Swiss currency was overvalued.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree