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View Full Version : SNB Holds Key Rate, Plans 'Firm Action' on Franc - Bloomberg



NewsWhore
06-18-2009, 04:30 AM
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SNB Holds Key Rate, Plans &#39;Firm Action&#39; on Franc (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3DacNWBTzVWO08&cid=1261501344&ei=I_45Sp6tL5fzmQeZ8tiKCA&usg=AFQjCNH9_XHV3FDdG5OzmkA7O-3rjUZSPw)
Bloomberg
It last cut the rate in March, when it expanded its response to the economic crisis by starting bond purchases and intervening in currency markets on its own for the first time since 1992. “The risk of deflation has abated but still remains a concern,” ...


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