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International Macroeconomics the Swiss National Bank Keeps the Rates at Zero, Considering that the Effect of American Tariffs Is Controllable for Now
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Intermoney Market Consensus The Swiss National Bank stopped its cycle of monetary easing and kept the reference rate at zero, considering that the impact of US tariffs is controllable for now. Its president, Martin Schlegel, stated that the bank is aware of the impact of tariffs, but that the impact on the economy as a whole is limited, as only 4% of Swiss exports are directly affected by taxes. Also, Banxico decreased [...]
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