SNB's Schlegel: Financial slowdown in Switzerland can’t be dominated out
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- Financial slowdown in Switzerland can’t be dominated out.
- Commerce coverage state of affairs is creating excessive uncertainty for all nations, together with Switzerland.
- Worth stability can not stop commerce coverage associated uncertainty, however nonetheless essential.
- Commerce coverage might fragment international financial system.
- Major instrument is rate of interest, however we are able to additionally use foreign exchange interventions to affect financial circumstances.
This text was written by Giuseppe Dellamotta at www.ubaidahsan.com.
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