SNB Threatens Further Measures as Franc Poses Deflation Risk

The Swiss National Bank threatened to step up its defense of the franc “immediately” if needed as it noted an increased danger of deflation. The central bank, led by President Thomas Jordan, kept its ceiling on the franc of 1.20 per euro and its interest-rate target range at 0 to 0.25 percent at…

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SNB Threatens Further Measures as Franc Poses Deflation Risk

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