Swiss National Bank vs. ECB: The Best and Worst of Central Banking
January 16, 2015 at 16:56 PM EST
The Swiss National Bank's three-year old franc-euro peg is no longer. Yesterday (Thursday), the Swiss National Bank decoupled its fixed 1.2 CHF/€ exchange rate. This was on expectations that the European Central Bank will announce a quantitative easing policy in next week's meeting. The post Swiss National Bank vs. ECB: The Best and Worst of Central Banking appeared first on Money Morning - Only the News You Can Profit From .
