Swiss National Bank President Thomas Jordan has some breathing room, according to Bloomberg’s latest survey of economists. The threshold for another rate cut lies at 1.03 francs per euro -- about 6 percent stronger than its current exchange rate. There’s a little less margin before serious currency interventions, with the survey putting that at 1.05.
To contact the reporters on this story: Catherine Bosley in Zurich at cbosley1@bloomberg.net, Andre Tartar in New York at atartar@bloomberg.net. To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Joshua Robinson at jrobinson37@bloomberg.net, Zoe Schneeweiss
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