SNB’s Jordan: Negative rates, interventions central to SNB since CHF remains significantly overvalued

The Swiss National Bank (SNB) Chairman Thomas Jordan is crossing the wires now, via Reuters, commenting on the need for interventions as the CHF remains significantly overvalued.

Main Headlines:

Negative rates, interventions central to SNB since CHF remains significantly overvalued

Worldwide normalization of monetary policy would help Switzerland

May 11, 2017

BoE: Expect the vote to show a 7-1 split in favour of unchanged interest rates – Lloyds Bank

In view of the analysts at Lloyds Bank, the focus for today will fall squarely on the latest policy announcement from the Bank of England. Key Quotes

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