SNB Has No Target for Franc Exchange Rate, Vice President Martin Schlegel Says
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Swiss National Bank Has No Target for Franc Exchange Rate, Schlegel Says
https://www.bloomberg.com/news/articles/2024-03-27/snb-has-no-target-for-franc-exchange-rate-schlegel-says
The Swiss National Bank has no target for the franc exchange rate, Vice President Martin Schlegel said less than a week after policymakers wrong-footed markets by cutting interest rates to stem the currency’s gains.
Rate cuts were a great idea and I'm sure you weren't struggling prior to these monetary policies.