The Swiss National Bank is willing to take further measures such as negative interest rates if pressure on the franc intensifies, spokesman Walter Meier said today. “If needed we would take extra measures, with a negative rate a conceivable option,” Meier said by phone from Zurich, adding that this was the SNB’s standard comment. The […]
European Central Banks May End Restrictions on Gold Sales
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FRANKFURT—European central banks may end a 15-year-old restriction on sales of their gold holdings this year, a top German central banker said. “The negotiations are still ongoing,” Deutsche Bundesbank board member Carl-Ludwig Thiele said in a recent interview with The Wall Street Journal. “No one can see into the future, and therefore it is currently […]
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