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Guest The_Oldie

Swiss Central Bank Raises Benchmark Rate To Six-year High

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Guest The_Oldie


......The Swiss National Bank increased the three-month Libor target rate by a quarter-point to 2.5 percent, the highest since September 2001. All 25 economists in a Bloomberg News survey expected the increase. The Zurich-based bank may raise the key rate to 2.75 percent in September, the survey shows......

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Guest Charlie The Tramp

Oh dear, another problem for the Eastern European countries, that red light must be flashing at double speed now.

Red Lights

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