The SNB is ready to take more measures if required via ForexLive

Jordan is really stringing this one out

• SNB needs to stop longer term negative CPI
• Negative rates have effect of normal rate cut
• Should see effects of negative rate show before Jan 22nd
• Does not expect negative rates to lift credit volumes in real-estate
• Negative rates for retail savers are down to the banks decision
• Negative rates make no sense for retail customers and doesn't expect to see them
• Expects LIBOR to become negative

posted via ForexLive