SNB may still lift EUR/CHF floor – Wellershoff

Dow Jones quoting the economist Felix Brill at Wellershoff & Partners (Wellershoff ex-chief economist at UBS)

Brill says “There is still a considerable chance that it could come to this point”. He thinks Swiss economy could face higher deflation risks if the euro-zone crisis worsens, oil prices fall and Swiss companies freeze investments. This backdrop he feels could prompt action.

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