The Swiss National Bank maintains its target range for three-month Libor at 0-0.25%. Maintains its euro/franc ceiling at 1.20 and "will enforce it with the utmost determination. It remains prepared to buy foreign currency in unlimited quantities for this purpose. Even at the current rate, the Swiss franc is still high." (.pdf) [View news story]
Does anyone still expect them to raise the floor now?
The Swiss National Bank maintains its target range for three-month Libor at 0-0.25%. Maintains its euro/franc ceiling at 1.20 and "will enforce it with the utmost determination. It remains prepared to buy foreign currency in unlimited quantities for this purpose. Even at the current rate, the Swiss franc is still high." (.pdf) [View news story]