01681cas a2200241 a 4500 AALejournalIMF011843 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475503395 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Switzerland : 2012 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Switzerland. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (56 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Article IV Consultation reports that Switzerland's exchange rate floor, seen as credible by the markets, has halted appreciation and helped shore up the economy. Once growth recovers and inflation reaches more comfortable levels, maintaining the exchange rate commitment risks stoking inflation and hence, a return to free floating would be desirable. The risk of a real estate bubble has been heightened by loose monetary conditions, and new macroprudential instruments are under consideration to address this risk. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/106 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/106/002.2012.issue-106-en.xml IMF e-Library