Wells Fargo Weekly Economic & Financial Commentary 9/9/11


Topic of the Week:

  • The Swiss National Bank (SNB) recently announced its intention to prevent the exchange value of the Swiss franc from falling below 1.20 francs per euro.


  • Economy Continues to Grow at Stall Speed
  • Consumer prices rose 0.5 percent in July
  • Industrial production jumped 0.9 percent in July


  • Brazilian Central Bank Lowers Brazilian Selic benchmark interest rate to 12% in August
  • Economic growth in the United Kingdom slowed to an annualized pace of 0.7 percent in the second quarter.

Download the PDF and read the entire Weekly Economic Financial Commentary for 09092011