Swiss National Bank's Jordan says negative rates still needed

By Kitco News / January 16, 2018 / www.kitco.com / Article Link

ZURICH, Jan 16 (Reuters) - Swiss National Bank Chairman Thomas Jordan said negative interest rates were still needed to tame the Swiss franc, which he said remained "highly valued."

"Switzerland has had a strong franc for a long time and it remains highly valued," Jordan told an event in Zurich on Tuesday.


(Reporting by John Revill and Angelika Gruber)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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