Weaker CHF could see SNB talk about reversing negative interest rates

Weaker CHF could see SNB talk about reversing negative interest rates

Via the Financial Times, a piece on what the weaker Swiss franc could mean for the Swiss National Bank 

  • A weaker “Swissie” helps the economy
  • at some point could see the central bank begin to talk publicly about reversing negative interest rates and normalising a monetary policy

Note … the FT is not suggesting such developments are imminent, but out it in the ‘ones to watch’ file.

Coming up from the SNB:

  • Thomas Jordan, Chairman of the governing board of the Swiss National Bank, may speak at the Bank’s annual shareholders’ meeting on Friday
  • Next SNB monetary policy meeting is in June
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