- Swiss National Bank Vice Chairman Fritz Zurbruegg: negative interest rates were temporary
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2 outubro 2015
Swiss National Bank Vice Chairman Fritz Zurbruegg: negative interest rates were temporary
The Swiss National Bank (SNB) Vice Chairman Fritz Zurbruegg said on Thursday that negative interest rates were temporary.
"This can't be business as normal. This is a temporary situation," he said.
Zurbruegg noted that the Swiss franc is overvalued and the central bank will intervene in the foreign exchange market if needed.
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