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SNB Chairman Schlegel: With Today's Cut We Are Countering Lower Inflationary Pressure Inflationary Pressure Has Decreased
SNB Chairman Schlegel: With Today's Cut We Are Countering Lower Inflationary Pressure
— LiveSquawk (@LiveSquawk) June 19, 2025
Inflationary Pressure Has Decreased
- Negative Rates Were Important Instrument In The Past
- We Are Aware Of Undesirable Effect Of Negative Interest Rates
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SNB Chairman Schlegel: We Would Not Take The Decision To Go Negative Lightly
— LiveSquawk (@LiveSquawk) June 19, 2025
- Interest Rate Cut Driven By Lower Inflation
- Negative Rates Have Challenges
- We Can Never Exclude Any Measures On Interest Rates
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SNB Chairman Schlegel: We Believe Growth Will Be Dampened In Rest Of Year Because Of High Level Of Uncertainty
— LiveSquawk (@LiveSquawk) June 19, 2025
- We Have Seen A Clear Decline In Inflation, But We Must Not React A Single Data Point - We Look At Medium Term
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