More from Thomas Jordan, chairman of the governing board of the Swiss National Bank
This via Bloomberg, the service reporting on Jordan's interview with Süddeutsche Zeitung (German daily newspaper):
- 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
Earlier headline: SNB's Jordan remarks in press on globalisation concerns
Thomas Jordan
Oh, and here is a negative TJ!
