SNB’s Jordan: Negative interest rates currently indispensable

Dhwani Mehta FXStreet

In an interview with Sueddeutsche Zeitung conducted on Sunday, the Swiss National Bank (SNB) Chairman Thomas Jordan, commented on the negative interest rates policy and exchange rate level.

Key Headlines via Bloomberg:

Globalization concerns must be taken seriously

Negative interest rates currently indispensable

To partially maintain the historical rate difference against EUR & and other currencies

Without rate difference Swiss franc would come under even stronger appreciation pressure

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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