SNB's Schlegel: We can’t exclude adverse rates of interest

• Inflation is effectively inside our goal vary and over our forecast cycle
• Not uncomfortable with inflation in the intervening time
• However can’t exclude chance of adverse rates of interest
• If now we have to do it, we’ll
• Swiss franc is historically handled as a protected haven
• Commerce conflicts will not be helpful for Switzerland
• Able to intervene in FX market if needed
• One other forex cap shouldn’t be one thing we’re discussing

The problem for the SNB now’s to rein within the power of the franc forex. The inflation image appears to be effectively in management however price cuts are nonetheless in consideration in attempting to handle the alternate price.

This text was written by Justin Low at www.ubaidahsan.com.



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