Swiss Govt: Economy is still in good shape despite strong swiss franc

Author: Pete Jackson | Category: News
  • Starting to see signs of cooling in some export sectors, strong margin pressures due to strong SFR
  • Aware that if current situation remains it will have a negative impact on the economy
  • Trusts the SNB to take the right measures to guarantee price stability
  • SNB has sole responsibility for monetary policy and exhange rate policy
  • Rejects measures such as negative interest rates, a temporary lowering of VAT for hotel, export industry


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