[EBH]

The U.S. Federal Reserve has yet to blink on interest rate reductions, and market participants will be following later in the Thursday session to see if the Bank of England takes the leap to trim, after U.K. inflation eased to the 2% target for the first time in nearly three years.

[avital2]

i doubt Swiss are running a $2 trillion deficit - giving them room to cut.

[Redmen4ever]

U.S. journalists don’t get it.

The Fed’s target is 2 percent inflation. We’re not there yet.

Journalists are like a bunch of kids in the back seat. “Are we there yet? Are we there yet?”

Switzerland currently has 1 percent inflation. They’re there.

ALSO Switzerland is running a small surplus. We’re running a deficit 6 god damn percent of GDP.

With the unsustainable deficit that we have, it is very difficult for the central bank to achieve price stability (defined as 2 percent CPI inflation). Maybe even impossible.

[Bobbyvotes]

Damn, that means I will get less interest for my money there :)

[Theoria]

Switzerland doesn’t police and finance the world.