Swiss Anomaly: Still Negative Nominal Rates?

A dominant meme in the foreign exchange market is that the world has taken an important step away from the edge of the abyss. It may have been led by three words from ECB’s Draghi (as in “whatever it takes”), but has been complimented by a number of other steps, including the IMF mea culpa for…

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Swiss Anomaly: Still Negative Nominal Rates?

Swiss Anomaly: Still Negative Nominal Rates?

A dominant meme in the foreign exchange market is that the world has taken an important step away from the edge of the abyss. It may have been led by three words from ECB’s Draghi (as in “whatever it takes”), but has been complimented by a number of other steps, including the IMF mea culpa for…

View post: 
Swiss Anomaly: Still Negative Nominal Rates?