SNB chair Schlegel: Swiss inflation has developed in line with expectations ...Middle East

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SNB chair Schlegel: Swiss inflation has developed in line with expectations
Outlook for Swiss inflation is very uncertain, sees mainly downside risksInflation still being driven by domestic servicesWill monitor situation and adjust policy if necessaryScenario for global economy is subject to high uncertainty (vice chair Martin)Inflation should continue to ease gradually over the next quarters, particularly in Europe (Martin)Increasing trade barriers could weaken global economic development (Martin)Sees developments abroad as main risk (policymaker Tschudin)Swiss economic situation has become considerably more uncertain (Tschudin) This article was written by Justin Low at www.forexlive.com.

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