Comments from the SNB Chairman in newspaper Finanz Und Wirtschaft
- Size of balance sheet is not a problem
- Says he is committed to expansionary monetary policy
- Conditions for withdrawal from expansionary not likely in foreseeable future
- Imbalances in the Swiss real estate market remain
- Franc weakening is still fragile, cannot say if it will be sustained
The usual jawboning from the SNB. Interesting that Jordan is no longer saying 'significantly overvalued'.
