RT @BIS_org: CB speech: Wheeler (NZ): Cross-border financial linkages - challenges for monetary policy and financial stability - http://t.c…
23/10/2014 7:11 PM
@GaneshAhirao @bernardchickey - look at this from Ireland:http://t.co/RHI3cgNuNq - LTV and LTI limits.
23/10/2014 2:07 PM
@GaneshAhirao @bernardchickey - domestic inflation weak; that is the surprise in the latest numbers; tradeables always deflationary
23/10/2014 2:03 PM
@GaneshAhirao @bernardchickey - more macro pru and lower policy rate takes pressure of fx without housing kicker.
23/10/2014 1:58 PM
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7
MAR 12

Swiss show the way


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In the early northern autumn of 2011 the Swiss showed the way to protect international competiveness, the Guardian article sums up the situation back then:

http://www.guardian.co.uk/business/2011/sep/06/switzerland-pegs-swiss-franc-euro

Since the then Governor of the Swiss National Bank has had to resign over an insider trading issue but the Chairman and the SNB have continued to hold the Swiss Franc above the 1.2 mark.

The mechanisms are well known all that is needed is the will.
 


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