Deflationary tendencies were the reason for the peg. We still are in a deflation. As long as there is no sign of inflation, there is still a reason to higher the peg. One goal of SNB is not to accept deflation. (2 % inflation-target)
Yes, please, another election for Jordans seat. Jordan was known before he was elected, that he has a different way of thinking about monetary issues than hildi, and everyone who was long that pair knew, that when Hildi was gone, the more ...