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Swiss National Bank and CHF (franc)

kent nickell

kent nickell

Well-known member
https://taz.vv.sebank.se/cgi-bin/pts3/mc6/mb/research.nsf/alldocsbyunid/5CE4E12BB1084F61C125757700505C75/$File/SNBratedecision090312.pdf

The SNB see a risk of negative inflation over the next 3 years. Rate cuts have virtually now come to an end. Focus will be on quantitative easing. The SNB will act very forcefully to fight deflationary risks. The CHF faces the risk of further depreciation.
 
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