SNB's Schlegel on Geopolitics’ Impacts on Inflation
Market Intelligence Analysis
AI-PoweredThe Swiss National Bank's president, Martin Schlegel, warned that geopolitical uncertainties could impact inflation and the Swiss franc, but the SNB has chosen to maintain zero interest rates for now.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
The president of the Swiss National Bank said geopolitical uncertainties could potentially impact inflation and the Swiss franc. Last month the SNB kept interest rates steady at zero, judging that a weakened inflation outlook doesn’t yet justify a return to negative borrowing costs. Martin Schlegel spoke with Bloomberg’s Francine Lacqua on the sidelines of the World Economic Forum in Davos. (Source: Bloomberg)
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