samedi 13 décembre 2014

Central Swiss keep interest rates steady to support the economy

Swiss central bank decided Thursday to keep its monetary policy steady, and they were installed in interest rates at zero area between 0.00% and 0.25% for another round to support economic growth.

This decision comes before the SNB in light of his commitment to support the economy, and with the general weakness of the euro zone and the risk of entering the area in recession.

There is no doubt also that moderation in the Swiss growth rates in conjunction with low inflation, which lies within the boundaries of the target before the Swiss central bank rates, give the SNB in the goodwill to keep interest rates low.

In contrast, the Swiss franc is a fundamental dilemma the SNB, as it rises to high levels, amid intensifying crisis in the euro zone, with reference to the franc's rise caused by resorting to it as a safe haven, which is a harm to the Swiss exports, which are the backbone of the Swiss economy, therefore, the central Swiss determines the minimum of the euro against the franc at 1.20 levels, to control the rising franc.

In light of these facts tend to expectations that the SNB will keep interest rates steady for another round, with his work on scalable high Swiss franc, especially in light of his pledge to intervene if the height of the levels are not commensurate with the bank's policy.

Trading the Swiss franc against the US dollar promptly at 9:05 GMT stable at 1.0356 francs per dollar levels

Aucun commentaire:

Enregistrer un commentaire