Bloomberg

SNB May Raise Rates as Swiss Economy Defies Franc’s Strength

May 24 (Bloomberg) -- Swiss National Bank President Philipp Hildebrand may soon have room to raise borrowing costs for the first time in almost four years as the economy defies the franc’s surge.

Policy makers are weighing the threat of near-zero interest rates stoking property prices against the risk that an increase in the benchmark will push up the franc. While the currency

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