Back
19 Mar 2015
SNB to cut deposit rate from -0.75% to -1.00% - Capital Economics
FXStreet (Bali) - The Economics Team at Capital Economics sees the Swiss National Bank (SNB) cutting its deposit rate from -0.75% to -1.00% on Thursday.
Key Quotes
"We see the Swiss National Bank (SNB) cutting its deposit rate from -0.75% to -1.00% (08.30 GMT)."
"Admittedly, the franc has softened a bit after it surged in January following the shock abandonment of the cap. But, at CHF 1.06 per euro, it remains much too high for comfort."
Key Quotes
"We see the Swiss National Bank (SNB) cutting its deposit rate from -0.75% to -1.00% (08.30 GMT)."
"Admittedly, the franc has softened a bit after it surged in January following the shock abandonment of the cap. But, at CHF 1.06 per euro, it remains much too high for comfort."