A feature of pretty much any discussion about a central bank is that someone invariably pops up and claims that it is privately owned. This comes with the implication that dark forces are at work. 1,263 more words
Tags » Swiss National Bank
There’s been no shortage of discussion about the Swiss National Bank over the past couple of weeks.
I don’t want to turn this into an FX post, but long story short, they’re probably pretty pleased with the euro’s relentless appreciation against the franc, as the higher EURCHF climbs, the less they have to worry about intervening. 344 more words