Economics
SNB Seen Shielding Franc for Longer After ECB Rate Cut
This article is for subscribers only.
The European Central Bank’s monetary stimulus has prompted economists to extend forecasts for how long the Swiss National Bank will keep its franc ceiling in place.
Only six of 22 participants in the Bloomberg Monthly Survey say the central bank led by President Thomas Jordan will exit its policy to cap the Swiss franc by the end of 2015. A month ago, half of the economists questioned said the SNB would do so by then.