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Swiss National Bank to stick to loose policy, economists all agree: Reuters poll
The Swiss National Bank will keep its ultra-loose monetary policy in place when it gives its latest decision on Thursday, analysts polled by Reuters were unanimous in saying. Switzerland’s central bank has repeatedly stressed the fragility of exchange rate developments following the strengthening of the Swiss franc in recent weeks after a weakening at the start of the year. Chairman Thomas Jordan also said earlier this month it was “much too early” to raise interest rates in Switzerland, with inflation remaining low. Other concerns such as political uncertainty in Italy weighing on the future of the euro zone ... (full story)
