The SNB’s slow-and-steady approach feels pretty justified in light of July’s data. Domestic inflation staying firm while import prices do their rollercoaster routine makes a strong case for restraint. How do you think the SNB will respond if US tariffs hit Swiss exporters harder than expected?
The SNB’s slow-and-steady approach feels pretty justified in light of July’s data. Domestic inflation staying firm while import prices do their rollercoaster routine makes a strong case for restraint. How do you think the SNB will respond if US tariffs hit Swiss exporters harder than expected?