Swiss Economy Minister Warns Against Pushing Central Bank To Weaken Franc
All three central bank directorate members said over the past week that the franc was highly valued and that the SNB would take measures, should the economy risk falling into recession and the risk of deflation, or a sustained period of falling prices, increases. Schneider-Ammann said that it will largely depend on developments in the euro zone as to whether Switzerland manages to keep growing or risks falling into recession. » Swiss Economy Minister Warns Against Pushing Central Bank To Weaken Franc
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