SNB's Danthine says they can expand the balance sheet if benefits prevail

SNB's Jean-Pierre Danthine on Bloomberg

• Housing market has stabilised at a high level
• Negative rates will help reduce overvaluation

Speaking in Geneva

On their USDCHF short I've just listed, JPM have suspected that the SNB has been intervening in small size. As far as negative rates have gone down, we're not really going anywhere in EURCHF