Swiss National Bank Chair Reiterates Preferred Policy of Negative Interest Rates
Posted on 11/12/2019
The chair of the Governing Board of the Swiss National Bank (SNB), Thomas Jordan, told a room full of pension plan manager that he intends to continue his preferred policy of negative interest rates. The rate is currently set at -0.75%. Jordan said that he feared upward pressure on the Swiss franc, and intervention was […]
