SNB's Maechler says global growth should help Swiss exporters

SNB Maechler speaking at a conference in Lausanne

• export situation difficult, sectors vary

If he's pinning his hopes on a global recovery then he and Swiss exporters will be waiting a long time.

CHF appreciation is the agenda here and the SNB are desperate to convince exporters that they did the right thing by removing the cap.

I reported Jordan in justification mode at the w-e here.