- High commodity prices could hit country if franc weakens fast
- Despite strength of franc Swiss economy growing stronger than anticipated
- Still sees weakening of Swiss growth to roughly 2% for year
- Calls on Parliament to adopt Swiss bank capital rules for UBS, Credit Suisse
Doesn’t seem overly perturbed by Swissy strength. The franc is seeing some renewed strength post comments, USD/CHF down at session low .8695, EUR/CHF down at session low 1.2900
