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SNB's Schlegel Says Policy Framework Works as Swiss Inflation Climbs to 1.5% - ActionForex
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The rising inflation employs the President of the Swiss National Bank. In an interview Martin Schlegel talks about the room for manoeuvre in interest rates. And the demand for more equity for UBS.
·Zürich, Switzerland
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SNB's Schlegel Says Policy Framework Works as Swiss Inflation Climbs to 1.5% - ActionForex
SNB Chairman Martin Schlegel defended the central bank’s monetary policy framework on Thursday, arguing that it has successfully maintained price stability despite repeated global economic shocks. Speaking at an event in Zurich, Schlegel emphasized Switzerland’s particular vulnerability to external disturbances because of its open economy and the Swiss Franc’s status as a major safe-haven currency. […]
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