SNB’s Statement And Forecasts

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Here is how the SNB comments today’s decision:

Franc still significantly overvalued
SNB to remain active in fx market if necessary
Willingness to intervene ease fx pressure
Will continue monitoring Swiss real estate market

SNB has also changed its inflation and GDP forecasts:
For inflation: 
2015: -1,1% YoY ( previously: 1,2% YoY )2016: -0,5% YoY ( previously 0,5% YoY ) 2017: 0,3% YoY  ( previously: 0,4% YoY )
For GDP:
2015: 1% 2016 : 1,5%