The Traderszone Network

Published in TZ Latest News 22 September, 2017 by The TZ Newswire Staff

SNB’s Moser says ending LIBOR will not affect monetary policy

SNB deputy governing board member Moser out on the wires 22 Sept
– LIBOR ( London Interbank Offered Rate) benchmark now in serious jeopardy but moving away from it will not affect SNB’s ability to carry out mon pol
Eh ? I thought it was “market participants” that abused LIBOR in a number of countries and created the need for re-assessment.