Effect of a stronger franc

Will rising interest rates cause a currency war?

“The SNB lets the franc appreciate against the euro and points to the resulting effects on import prices.”

Mark Brusch, chief economist of the insurer Swiss Life.

risk related upgrades

“In Switzerland, the share of imported goods and services represents only a quarter of the consumer price index.”

Maxim Boutron, economist at Credit Suisse

Leslie M. Gill