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    HomeLive CommentsSNB Schlegel: Cannot rule out further interest increases

    SNB Schlegel: Cannot rule out further interest increases

    SNB Vice Chairman Martin Schlegel said yesterday, “we cannot rule out further interest increases at present,” even though inflation is forecast to fall back to 2.4% in 2023, and 1.8% in 2024.

    “The maintenance of price stability has absolute priority for the SNB,” he added.

    Meanwhile, Schlegel also expects a weak growth dynamic in the coming quarters.

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