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SNB's Zurbruegg: Negative rates playing 'decisive role' in curbing CHF

SNB's Zurbruegg: Negative rates playing 'decisive role' in curbing CHF

Central Banks
Adam Button
24/11/2016 | 17:39 GMT

Comments from the SNB's Zurbruegg:

  • Risks of negative rate side effects currently manageable
  • Essential that banks apply conservative principles to lending
  • Exceptionally low rates fraught with challenges
  • Monitoring real estate market constantly
  • Negative rates 'indispensable'

Same old, same old from the SNB.

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