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Snb Monetary Policy: Interventions only in Real Inflation or Deflation

The concept of price stability should be properly understood in monetary policy: it must be about real domestic inflation, not the mere change in the weighted average of domestic and foreign prices.

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The concept of price stability should be properly understood in monetary policy: it must be about real domestic inflation, not the mere change in the weighted average of domestic and foreign prices.

·Zürich, Switzerland
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Neue Zürcher Zeitung broke the news in Zürich, Switzerland on Wednesday, July 23, 2025.
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