SNB’s Cap Decision Could Weigh on Swiss Economy – Wall Street Journal
Wall Street Journal |
SNB's Cap Decision Could Weigh on Swiss Economy
Wall Street Journal ZURICH—The Swiss National Bank 's decision to scrap its cap on the franc's value will weigh on the Alpine country's economy and could lead to one or two quarters of contraction, the head of the central bank, Thomas Jordan, said Saturday. The Zurich … UPDATE 1-Swiss government warns stronger franc will weigh on economy Swiss economy faces weak growth in 2015 |
